SBI (OTCMKTS:SBHGF) Stock Price Up 6.7% – What’s Next?

SBI Holdings Inc. (OTCMKTS:SBHGF) rose 6.7% during trading on Monday . The company traded as high as $23.00 and last traded at $23.00. Approximately 9,958 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 18,112 shares. The stock had previously closed at $21.56.

SBI Stock Performance

The firm has a market capitalization of $6.81 billion, a P/E ratio of 3.88 and a beta of 0.72. The firm has a 50 day simple moving average of $38.69 and a two-hundred day simple moving average of $39.46.

SBI (OTCMKTS:SBHGF) last posted its earnings results on Friday, October 31st. The company reported $1.58 earnings per share (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 firm had revenue of $3.11 billion during the quarter.

About SBI

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.