SoftBank Corp. (OTCMKTS:SOBKY – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $15.35 and traded as high as $15.6699. SoftBank shares last traded at $15.3599, with a volume of 157,157 shares traded.
SoftBank Stock Performance
The company’s 50 day moving average price is $15.35 and its two-hundred day moving average price is $14.10.
SoftBank Company Profile
SoftBank Group Corp. is a Japan-based investment holding company founded in 1981 by Masayoshi Son. The company began as a distributor of computer software and expanded into telecommunications, internet services and technology investments. It is headquartered in Tokyo and has business and investment activities spanning Japan, the United States, Europe, Asia and other international markets.
SoftBank Group manages a broad portfolio of technology-related businesses and investments through its investment subsidiaries and funds.
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