Sampo Oyj (OTCMKTS:SAXPY) Share Price Passes Below 50 Day Moving Average of $21.75

Sampo Oyj (OTCMKTS:SAXPY)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $21.75 and traded as low as $21.00. Sampo Oyj shares last traded at $21.04, with a volume of 24,892 shares trading hands.

Sampo Oyj Price Performance

The company has a debt-to-equity ratio of 0.38, a current ratio of 0.32 and a quick ratio of 0.32. The stock has a market cap of $20.97 billion, a price-to-earnings ratio of 14.71 and a beta of 0.94. The business’s 50-day simple moving average is $21.76 and its two-hundred day simple moving average is $21.44.

Sampo Oyj (OTCMKTS:SAXPY) last issued its earnings results on Thursday, February 8th. The financial services provider reported $0.30 earnings per share for the quarter. Research analysts expect that Sampo Oyj will post 1.24 earnings per share for the current year.

Sampo Oyj Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Monday, April 29th will be issued a dividend of $0.965 per share. The ex-dividend date of this dividend is Friday, April 26th. Sampo Oyj’s dividend payout ratio (DPR) is presently 59.86%.

Sampo Oyj Company Profile

Sampo Oyj, together with its subsidiaries, engages in the provision of non-life insurance products and services in Finland, Sweden, Norway, Denmark, Estonia, Lithuania, Latvia, and the United Kingdom. The company operates through If, Topdanmark, Hastings, Mandatum, and Holding segments. It offers property, casualty, liability, accident, sickness, household, homeowner, motor, travel, marine, aviation, transport, forest, livestock, health, workers compensation, car, van, and bike insurance services, as well as reinsurance services.