Sompo (OTCMKTS:SMPNY) Sees Large Volume Increase – Still a Buy?

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) saw strong trading volume on Thursday . Approximately 154,333 shares were traded during trading, an increase of 7% from the previous session’s volume of 144,596 shares.The stock last traded at $19.91 and had previously closed at $19.41.

Sompo Price Performance

The company has a 50 day simple moving average of $18.70 and a 200 day simple moving average of $18.26. The company has a market capitalization of $36.85 billion, a price-to-earnings ratio of 8.43 and a beta of 0.32.

Sompo (OTCMKTS:SMPNY) last released 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 13.42% and a net margin of 11.95%.The business had revenue of $8.84 billion for 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.