Sompo (OTCMKTS:SMPNY) Shares Gap Up – Here’s Why

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $14.64, but opened at $15.4650. Sompo shares last traded at $15.7638, with a volume of 4,683 shares changing hands.

Sompo Trading Up 4.9%

The stock has a market cap of $30.51 billion, a P/E ratio of 8.64 and a beta of 0.39. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.12 and a current ratio of 0.12. The firm’s fifty day simple moving average is $15.38 and its 200-day simple moving average is $15.37.

Sompo (OTCMKTS:SMPNY) last posted its quarterly earnings data on Wednesday, November 19th. The company reported $0.89 earnings per share for the quarter. Sompo had a net margin of 10.20% and a return on equity of 15.63%. The company had revenue of $9.37 billion during the quarter. Equities research analysts expect that Sompo Holdings, Inc. Unsponsored ADR will post 0.97 EPS for the current fiscal year.

About Sompo

Sompo Holdings, Inc provides property and casualty (P&C) insurance services in Japan and internationally. The company operates through Domestic P&C Insurance Business, Overseas Insurance Business, Domestic Life Insurance Business, and Nursing Care & Seniors Business segments. It offers various P&C insurance products, including automobile, fire, personal accident, and marine, as well as security, risk management, assistance, and warranty services; and life insurance products.