SBI (OTCMKTS:SBHGF) Shares Gap Down – Time to Sell?

SBI Holdings Inc. (OTCMKTS:SBHGFGet Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $23.95, but opened at $22.20. SBI shares last traded at $23.20, with a volume of 7,301 shares.

SBI Price Performance

The stock has a market capitalization of $7.35 billion, a PE ratio of 3.83 and a beta of 0.75. The company’s 50 day moving average price is $25.74 and its two-hundred day moving average price is $37.23.

SBI (OTCMKTS:SBHGFGet Free Report) last released its quarterly earnings data on Friday, October 31st. The company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.94. The company had revenue of $3.11 billion during the quarter. SBI had a net margin of 16.99% and a return on equity of 15.66%.

SBI Company Profile

(Get Free Report)

SBI Holdings, Inc is a Japan-based financial services conglomerate that traces its origins to the establishment of SoftBank Investment in 1999. The company was rebranded as SBI Holdings in 2005 following its separation from SoftBank Group. Since its inception, SBI has pursued a diversified strategy aimed at integrating traditional financial services with emerging fintech innovations.

The group’s core activities encompass online securities brokerage, retail and corporate banking, asset management, insurance services and venture capital investments.

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