SBI (OTCMKTS:SBHGF) Shares Gap Up – Time to Buy?

by · The Markets Daily

Shares of SBI Holdings Inc. (OTCMKTS:SBHGF – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $21.50, but opened at $22.50. SBI shares last traded at $21.70, with a volume of 501 shares changing hands.

SBI Trading Up 0.7%

The stock has a market capitalization of $6.54 billion, a PE ratio of 3.73 and a beta of 0.72. The firm’s 50-day simple moving average is $39.54 and its two-hundred day simple moving average is $39.48.

SBI (OTCMKTS:SBHGF – Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $3.11 billion during the quarter. SBI had a return on equity of 15.66% and a net margin of 16.99%.

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.

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