Sompo (OTCMKTS:SMPNY) Trading Down 10.6% – What’s Next?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) traded down 10.6% during mid-day trading on Thursday . The stock traded as low as $17.3360 and last traded at $17.3360. 10,361 shares were traded during trading, a decline of 92% from the average session volume of 123,673 shares. The stock had previously closed at $19.39.

Sompo Trading Up 1.2%

The company’s fifty day moving average is $18.67 and its 200-day moving average is $17.77. The firm has a market capitalization of $33.18 billion, a P/E ratio of 7.59 and a beta of 0.33.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings data on Wednesday, May 20th. The company reported $0.44 earnings per share (EPS) for the quarter. The business had revenue of $8.84 billion during the quarter. Sompo had a net margin of 11.95% and a return on equity of 13.42%.

Sompo Company Profile

Sompo Holdings, Inc (OTCMKTS:SMPNY) is a Tokyo-based insurance holding company that provides a broad range of risk-transfer and risk-management products and services. The group’s core operations include property and casualty insurance for individuals and businesses, life insurance products, and related services such as claims handling, medical and nursing-care services, and assistance solutions. Sompo serves both retail and commercial customers with offerings that commonly include motor, homeowners, commercial property, liability, and specialty insurance lines.

In addition to its domestic Japanese business, Sompo has built a significant international footprint through subsidiaries and acquisitions, operating in regions including the Americas, Europe, Asia and Australia.