SoftBank Group (OTCMKTS:SFTBF) Share Price Crosses Below Two Hundred Day Moving Average of $41.81

SoftBank Group Corp. (OTCMKTS:SFTBFGet Rating) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $41.81 and traded as low as $36.08. SoftBank Group shares last traded at $36.08, with a volume of 320 shares changing hands.

SoftBank Group Trading Down 2.9 %

The business has a 50-day moving average of $37.89 and a two-hundred day moving average of $41.81.

Institutional Trading of SoftBank Group

An institutional investor recently bought a new position in SoftBank Group stock. Atlas Capital Advisors LLC bought a new stake in SoftBank Group Corp. (OTCMKTS:SFTBFGet Rating) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,000 shares of the company’s stock, valued at approximately $117,000. 25.02% of the stock is owned by institutional investors and hedge funds.

About SoftBank Group

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SoftBank Group Corp. operates as a holding company which engages in the management of its group companies. It operates through the following segments: SoftBank Vision Fund, SoftBank, Arm, Brightstar, and Others. The SoftBank Vision Fund segment engages in the investment business. The SoftBank segment provides mobile communication, broadband, and telecom services in Japan.

Further Reading

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