Sompo (OTCMKTS:SMPNY) Reaches New 52-Week High – Should You Buy?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $21.6850 and last traded at $21.6750, with a volume of 61569 shares trading hands. The stock had previously closed at $20.93.

Sompo Price Performance

The stock has a market cap of $40.51 billion, a P/E ratio of 9.26 and a beta of 0.32. The company has a fifty day moving average of $19.48 and a 200 day moving average of $18.86.

Sompo (OTCMKTS:SMPNY) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.44 earnings per share (EPS) for the quarter. Sompo had a return on equity of 13.10% and a net margin of 11.95%.The firm had revenue of $8.84 billion during the quarter.

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.