Sompo (OTCMKTS:SMPNY) Sees Unusually-High Trading Volume – What’s Next?

Shares of Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw unusually-strong trading volume on Wednesday . Approximately 486,513 shares changed hands during mid-day trading, an increase of 212% from the previous session’s volume of 156,076 shares.The stock last traded at $20.30 and had previously closed at $20.37.

Sompo Price Performance

The firm’s 50-day moving average price is $19.20 and its 200 day moving average price is $18.67. The firm has a market cap of $37.85 billion, a P/E ratio of 8.66 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 for the quarter. Sompo had a return on equity of 13.10% and a net margin of 11.95%.The firm had revenue of $8.84 billion during the quarter.

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.