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

SoftBank Group Corp. (OTCMKTS:SFTBF – Get 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:SFTBF – Get 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.