Sompo (OTCMKTS:SMPNY) Sees Strong Trading Volume – What’s Next?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw an uptick in trading volume on Wednesday . 383,163 shares traded hands during mid-day trading, an increase of 160% from the previous session’s volume of 147,409 shares.The stock last traded at $20.34 and had previously closed at $20.41.

Sompo Trading Down 0.5%

The firm has a fifty day moving average price of $19.07 and a 200 day moving average price of $18.60. The firm has a market cap of $38.07 billion, a PE ratio of 8.71 and a beta of 0.32.

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