SBI (OTCMKTS:SBHGF) Reaches New 1-Year High - Should You Buy?

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as $40.96 and last traded at $38.65, with a volume of 2098 shares. The stock had previously closed at $38.20.

SBI Price Performance

The company has a market capitalization of $11.69 billion, a price-to-earnings ratio of 11.49 and a beta of 0.74. The firm's 50-day simple moving average is $31.53 and its two-hundred day simple moving average is $28.68.

SBI (OTCMKTS:SBHGF - Get Free Report) last released 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 business 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

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.