SBI (OTCMKTS:SBHGF – Get Free Report) released its earnings results on Friday. The company reported $1.34 EPS for the quarter, beating the consensus estimate of $0.65 by $0.69, Zacks reports.
SBI Trading Up 4.6%
Shares of OTCMKTS:SBHGF traded up $0.80 during trading on Friday, hitting $18.35. 1,018 shares of the company were exchanged, compared to its average volume of 12,099. SBI has a fifty-two week low of $15.01 and a fifty-two week high of $25.72. The stock has a market cap of $6.06 billion, a price-to-earnings ratio of 3.16 and a beta of 0.79. The firm has a fifty day moving average price of $17.52 and a two-hundred day moving average price of $19.43.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of SBI to a “hold” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
SBI Company Profile
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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