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

Shares of SBI Holdings Inc. (OTCMKTS:SBHGFGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $19.15, but opened at $20.00. SBI shares last traded at $19.64, with a volume of 1,250 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded SBI to a “hold” rating in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Get Our Latest Stock Analysis on SBI

SBI Stock Up 2.5%

The stock has a 50 day simple moving average of $19.20 and a two-hundred day simple moving average of $24.55. The stock has a market capitalization of $6.49 billion, a P/E ratio of 3.38 and a beta of 0.82.

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.

Featured Stories

Receive News & Ratings for SBI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SBI and related companies with MarketBeat.com's FREE daily email newsletter.