SBI (OTCMKTS:SBHGF) Shares Gap Down – What’s Next?

Shares of SBI Holdings Inc. (OTCMKTS:SBHGFGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $50.09, but opened at $45.96. SBI shares last traded at $45.50, with a volume of 5,672 shares changing hands.

SBI Stock Performance

The stock’s 50-day moving average price is $44.89 and its 200-day moving average price is $35.53. The company has a market capitalization of $13.49 billion, a price-to-earnings ratio of 9.44 and a beta of 0.79.

SBI (OTCMKTS:SBHGFGet Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.82. SBI had a net margin of 14.51% and a return on equity of 12.48%. The company had revenue of $3.09 billion during the quarter.

About SBI

(Get Free Report)

SBI Holdings, Inc engages in the online securities and investment businesses. It operates through five business segments: Financial Services Business, Asset Management Business, Investment Business, Crypto-Asset Business, and Non-financial Business segments. The Financial Services Business segment consists of a range of finance-related business, including securities brokerage business; banking services business; and life, property, and casualty insurance business.

Further Reading

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