Sompo (OTCMKTS:SMPNY) Sees Unusually-High Trading Volume – Time to Buy?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw an uptick in trading volume on Tuesday . 719,103 shares changed hands during mid-day trading, an increase of 469% from the previous session’s volume of 126,309 shares.The stock last traded at $18.1680 and had previously closed at $17.7590.

Sompo Stock Performance

The company has a market cap of $34.77 billion, a PE ratio of 7.95 and a beta of 0.33. The company’s 50-day simple moving average is $18.67 and its 200 day simple moving average is $17.88.

Sompo (OTCMKTS:SMPNY) last released its quarterly earnings data on Wednesday, May 20th. The company reported $0.44 earnings per share (EPS) for the quarter. The business had revenue of $8.84 billion during the quarter. Sompo had a net margin of 11.95% and a return on equity of 13.42%.

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.