SoftBank Group (OTCMKTS:SFTBF) Stock Passes Above 50-Day Moving Average of $39.70

Shares of SoftBank Group Corp. (OTCMKTS:SFTBFGet Rating) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $39.70 and traded as high as $43.92. SoftBank Group shares last traded at $42.87, with a volume of 1,511 shares.

SoftBank Group Trading Down 0.8 %

The stock has a 50-day simple moving average of $39.70 and a two-hundred day simple moving average of $39.71.

Institutional Investors Weigh In On SoftBank Group

A hedge fund recently bought a new stake in SoftBank Group stock. Atlas Capital Advisors LLC bought a new stake in shares of SoftBank Group Corp. (OTCMKTS:SFTBFGet Rating) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,000 shares of the company’s stock, valued at approximately $102,000.

SoftBank Group Company Profile

(Get Rating)

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through five segments: Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Latin America Funds. The company offers mobile communications, broadband, and fixed-line communications services; and sells mobile devices.

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