SBI (OTCMKTS:SBHGF) Sees Strong Trading Volume – Here’s What Happened

SBI Holdings Inc. (OTCMKTS:SBHGFGet Free Report) shares saw strong trading volume on Friday . 18,135 shares were traded during mid-day trading, an increase of 1% from the previous session’s volume of 17,984 shares.The stock last traded at $22.35 and had previously closed at $21.19.

SBI Stock Up 1.7%

The stock has a market capitalization of $6.51 billion, a price-to-earnings ratio of 3.71 and a beta of 0.72. The firm has a fifty day moving average of $36.25 and a 200-day moving average of $39.09.

SBI (OTCMKTS:SBHGFGet Free Report) last issued its quarterly earnings results on Friday, October 31st. The company reported $1.58 EPS for the quarter, topping the consensus estimate of $0.64 by $0.94. SBI had a net margin of 16.99% and a return on equity of 15.66%. The company had revenue of $3.11 billion during the quarter.

SBI Company Profile

(Get Free Report)

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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