SBI (OTCMKTS:SBHGF) Reaches New 52-Week High - Here's Why

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $35.00 and last traded at $35.00, with a volume of 1184 shares. The stock had previously closed at $33.18.

SBI Trading Up 5.7%

The company has a 50 day simple moving average of $28.33 and a 200 day simple moving average of $27.61. The stock has a market capitalization of $10.59 billion, a PE ratio of 10.40 and a beta of 0.72.

SBI (OTCMKTS:SBHGF - Get Free Report) last released its earnings results on Friday, May 9th. The company reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.56. The company 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%.

About SBI

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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