Sompo (OTCMKTS:SMPNY) Reaches New 12-Month High – Here’s Why

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s stock price reached a new 52-week high on Monday . The company traded as high as $21.67 and last traded at $21.67, with a volume of 725 shares traded. The stock had previously closed at $19.63.

Sompo Trading Down 2.9%

The company has a market capitalization of $38.14 billion, a PE ratio of 8.72 and a beta of 0.32. The company’s 50 day moving average price is $18.96 and its 200-day moving average price is $18.55.

Sompo (OTCMKTS:SMPNY) last issued its earnings results on Wednesday, May 20th. The company reported $0.44 earnings per share for the quarter. Sompo had a return on equity of 13.10% and a net margin of 11.95%.The business had revenue of $8.84 billion for the quarter.

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.