SBI (OTCMKTS:SBHGF) Sees Strong Trading Volume - Here's Why

Key Points

• SBI Holdings Inc.'s shares experienced increased trading volume, with 7,725 shares exchanged, reflecting a slight 1% rise from the previous session.
• The company's latest earnings report showed a profit of $1.81 per share, exceeding estimates by $0.82, and generating revenues of $3.09 billion.
• SBI Holdings has a market capitalization of $13.47 billion, a price-to-earnings ratio of 9.43, and operates in various financial sectors including securities brokerage and banking services.

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 7,725 shares changed hands during mid-day trading, an increase of 1% from the previous session's volume of 7,625 shares.The stock last traded at $44.71 and had previously closed at $44.70.

SBI Trading Up 3.1%

The firm has a fifty day simple moving average of $43.37 and a 200 day simple moving average of $33.93. The stock has a market cap of $13.56 billion, a price-to-earnings ratio of 9.49 and a beta of 0.75.

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

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.