SBI (OTCMKTS:SBHGF) Sees Unusually-High Trading Volume - Still a Buy?

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) saw an uptick in trading volume on Friday . 40,050 shares were traded during mid-day trading, an increase of 610% from the previous session's volume of 5,641 shares.The stock last traded at $40.00 and had previously closed at $39.05.

SBI Stock Performance

The company's 50-day moving average price is $32.06 and its 200 day moving average price is $28.84. The stock has a market capitalization of $12.01 billion, a PE ratio of 11.80 and a beta of 0.74.

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

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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