Sompo (OTCMKTS:SMPNY) Sees Large Volume Increase – Here’s What Happened

Shares of Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw an uptick in trading volume on Friday . 411,173 shares changed hands during mid-day trading, an increase of 168% from the previous session’s volume of 153,247 shares.The stock last traded at $22.05 and had previously closed at $22.68.

Sompo Stock Down 2.7%

The stock has a market capitalization of $41.22 billion, a P/E ratio of 9.43 and a beta of 0.32. The company has a fifty day moving average price of $19.78 and a 200-day moving average price of $19.02.

Sompo (OTCMKTS:SMPNY) last issued its quarterly earnings data on Wednesday, May 20th. The company reported $0.44 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 13.10%.

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.