SBI (OTCMKTS:SBHGF – Get Free Report) issued its earnings results on Friday. The company reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.69, Zacks reports.
SBI Stock Up 4.6%
Shares of OTCMKTS SBHGF traded up $0.80 during trading on Friday, reaching $18.35. 1,018 shares of the stock were exchanged, compared to its average volume of 12,099. The business’s 50-day moving average price is $17.52 and its 200 day moving average price is $19.43. SBI has a twelve month low of $15.01 and a twelve month high of $25.72. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of 3.16 and a beta of 0.79.
Analysts Set New Price Targets
Separately, Zacks Research upgraded SBI to a “hold” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.
About SBI
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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