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SBI (OTCMKTS:SBHGF) Hits New 12-Month High - What's Next?

SBI logo with Finance background

Key Points

  • SBI Holdings' stock price reached a new 52-week high of $44.99, closing at $44.50, with a volume of 5,250 shares traded.
  • The company reported a net margin of 14.51% and earnings per share (EPS) of $1.81, significantly exceeding analyst expectations.
  • SBI Holdings operates across five business segments, including Financial Services and Crypto-Asset Business, contributing to its diverse revenue streams.
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SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The stock traded as high as $44.99 and last traded at $44.50, with a volume of 5250 shares traded. The stock had previously closed at $43.00.

SBI Trading Up 3.5%

The company has a market cap of $13.44 billion, a PE ratio of 9.41 and a beta of 0.76. The firm's 50-day simple moving average is $36.56 and its two-hundred day simple moving average is $30.76.

SBI (OTCMKTS:SBHGF - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $0.99 by $0.82. SBI had a net margin of 14.51% and a return on equity of 12.48%. The business had revenue of $3.09 billion during the quarter.

SBI Company Profile

(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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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