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

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $20.5350 and last traded at $20.5350, with a volume of 299 shares trading hands. The stock had previously closed at $19.5431.

Sompo Trading Up 3.2%

The stock’s 50-day moving average is $18.67 and its 200-day moving average is $17.68. The company has a market cap of $37.69 billion, a price-to-earnings ratio of 9.84 and a beta of 0.33.

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