Sampo (OTCMKTS:SAXPY) Hits New 1-Year High – Still a Buy?

Shares of Sampo PLC (OTCMKTS:SAXPY) hit a new 52-week high on Wednesday . The company traded as high as $23.56 and last traded at $23.5199, with a volume of 17098 shares trading hands. The stock had previously closed at $23.33.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SAXPY shares. Keefe, Bruyette & Woods downgraded shares of Sampo from a “moderate buy” rating to a “hold” rating in a research note on Monday, November 10th. Citigroup reaffirmed a “neutral” rating on shares of Sampo in a research report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Sampo Stock Performance

The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.43. The firm’s fifty day moving average price is $22.71 and its 200-day moving average price is $22.19. The firm has a market cap of $126.22 billion, a price-to-earnings ratio of 23.31 and a beta of 0.52.

Sampo (OTCMKTS:SAXPY) last announced its quarterly earnings results on Wednesday, November 5th. The financial services provider reported $0.32 EPS for the quarter, topping the consensus estimate of $0.22 by $0.10. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.27 billion.

About Sampo

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.