Sompo (OTCMKTS:SMPNY) Hits New 12-Month High – Still a Buy?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNYGet Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $20.5350 and last traded at $20.5350, with a volume of 299 shares. The stock had previously closed at $19.5431.

Sompo Price Performance

The company’s fifty day simple moving average is $18.67 and its two-hundred day simple moving average is $17.68. The stock has a market cap of $37.69 billion, a price-to-earnings ratio of 9.84 and a beta of 0.33.

Sompo (OTCMKTS:SMPNYGet Free Report) last released its quarterly earnings data on Friday, February 13th. The company reported $0.57 earnings per share for the quarter. Sompo had a net margin of 10.62% and a return on equity of 13.26%. The firm had revenue of $8.71 billion for the quarter.

Sompo Company Profile

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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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