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

Key Points

• SBI Holdings Inc. experienced a significant increase in trading volume, with approximately 20,022 shares traded, marking a 139% rise from the previous session.
• The company reported an earnings per share (EPS) of $1.81 for its last quarter, outperforming analysts' expectations by $0.82, with revenues totaling $3.09 billion.
• SBI has a market capitalization of $13.04 billion and a price-to-earnings ratio of 9.13, indicating a potentially attractive valuation for investors.

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 20,022 shares traded hands during mid-day trading, an increase of 139% from the previous session's volume of 8,360 shares.The stock last traded at $42.99 and had previously closed at $43.12.

SBI Stock Performance

The company has a market cap of $13.04 billion, a price-to-earnings ratio of 9.13 and a beta of 0.75. The business's 50 day moving average price is $43.97 and its 200-day moving average price is $34.61.

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

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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