Sompo (OTCMKTS:SMPNY – Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.64 EPS for the quarter, Zacks reports. Sompo had a return on equity of 13.10% and a net margin of 11.95%.
Sompo Stock Performance
Shares of OTCMKTS:SMPNY traded up $0.63 during midday trading on Friday, hitting $22.70. 86,910 shares of the stock were exchanged, compared to its average volume of 149,003. The business’s 50-day moving average price is $20.52 and its 200 day moving average price is $19.30. Sompo has a 12 month low of $14.41 and a 12 month high of $23.41. The stock has a market capitalization of $42.41 billion, a price-to-earnings ratio of 9.70 and a beta of 0.30.
About Sompo
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.
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