Sompo (OTCMKTS:SMPNY) Shares Gap Down – Time to Sell?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $20.13, but opened at $18.85. Sompo shares last traded at $19.61, with a volume of 35,758 shares.

Sompo Trading Down 9.5%

The stock’s fifty day moving average price is $18.69 and its 200 day moving average price is $17.77. The stock has a market cap of $32.79 billion, a P/E ratio of 7.50 and a beta of 0.33.

Sompo (OTCMKTS:SMPNY) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.44 EPS for the quarter. The firm had revenue of $8.84 billion for the quarter. Sompo had a net margin of 11.95% and a return on equity of 13.42%.

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.