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

Sompo Holdings, Inc. Unsponsored ADR (OTCMKTS:SMPNY) shares saw unusually-strong trading volume on Tuesday . Approximately 719,103 shares traded hands during trading, an increase of 469% from the previous session’s volume of 126,309 shares.The stock last traded at $18.1680 and had previously closed at $17.7590.

Sompo Stock Up 2.4%

The firm has a fifty day moving average of $18.67 and a 200-day moving average of $17.80. The stock has a market capitalization of $33.97 billion, a price-to-earnings ratio of 7.77 and a beta of 0.33.

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

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.