Free Trial

SBI (OTCMKTS:SBHGF) Hits New 52-Week High - Time to Buy?

SBI logo with Finance background

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $36.86 and last traded at $36.83, with a volume of 341 shares. The stock had previously closed at $34.99.

SBI Price Performance

The business has a fifty day moving average of $30.80 and a 200-day moving average of $28.41. The stock has a market capitalization of $11.20 billion, a price-to-earnings ratio of 11.00 and a beta of 0.74.

SBI (OTCMKTS:SBHGF - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The company reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.56. The firm had revenue of $2.87 billion for the quarter, compared to analysts' expectations of $2.01 billion. SBI had a return on equity of 8.76% and a net margin of 11.23%.

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.

Read More

Should You Invest $1,000 in SBI Right Now?

Before you consider SBI, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SBI wasn't on the list.

While SBI currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines