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SBI (OTCMKTS:SBHGF) Reaches New 1-Year High - Time to Buy?

SBI logo with Finance background

SBI Holdings, Inc. (OTCMKTS:SBHGF - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $33.39 and last traded at $32.94, with a volume of 1390 shares traded. The stock had previously closed at $31.50.

SBI Price Performance

The company has a market cap of $9.95 billion, a price-to-earnings ratio of 12.07 and a beta of 0.71. The firm has a 50-day moving average price of $26.37 and a 200 day moving average price of $26.90.

SBI (OTCMKTS:SBHGF - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The company reported $1.25 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.56. The firm had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.01 billion. SBI had a return on equity of 6.78% and a net margin of 9.47%.

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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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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