Sampo PLC (OTCMKTS:SAXPY – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 6,198 shares, a drop of 48.8% from the September 30th total of 12,108 shares. Based on an average trading volume of 291,743 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised shares of Sampo from a “sell” rating to a “buy” rating in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on Sampo
Sampo Stock Performance
Shares of Sampo stock opened at $21.18 on Friday. The company has a market capitalization of $112.49 billion, a PE ratio of 16.61 and a beta of 0.38. Sampo has a 12 month low of $19.35 and a 12 month high of $24.43. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.39. The stock’s fifty day simple moving average is $21.04 and its 200 day simple moving average is $21.42.
Sampo (OTCMKTS:SAXPY – Get Free Report) last posted its earnings results on Wednesday, August 12th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.05). The business had revenue of $3.67 billion during the quarter, compared to analysts’ expectations of $2.96 billion. On average, research analysts predict that Sampo will post 1.23 EPS for the current year.
Sampo Company Profile
Sampo Oyj is a Finnish insurance group headquartered in Helsinki. The company focuses on property and casualty insurance, serving private individuals, businesses and institutional customers across the Nordic countries, the Baltic region and the United Kingdom.
Sampo’s principal operations include If P&C Insurance, one of the largest non-life insurers in the Nordic region, and Hastings, a specialist provider of motor and home insurance in the United Kingdom. The group has also expanded its presence in Denmark through Topdanmark, which offers property, casualty and life insurance products to retail and commercial customers.
Sampo traces its roots to Finland and has developed from a broader financial-services group into a focused insurance business.
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