SoftBank (OTCMKTS:SOBKY) Shares Up 0.7% – Still a Buy?

SoftBank Corp. (OTCMKTS:SOBKYGet Free Report) rose 0.7% on Thursday . The company traded as high as $15.77 and last traded at $15.25. Approximately 70,125 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 102,064 shares. The stock had previously closed at $15.15.

SoftBank Price Performance

The company has a 50-day moving average price of $14.17 and a 200-day moving average price of $13.19.

SoftBank Company Profile

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SoftBank Corp., together with its subsidiaries, engages in the telecommunication and information technology businesses in Japan. It operates through Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business segments. The Consumer segment offers mobile services under the SoftBank, Y!mobile, LINE MOBILE, and LINEMO brands.

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