SBI (OTCMKTS:SBHGF) Sees Large Volume Increase - Here's Why

Key Points

• SBI Holdings Inc. observed a 57% increase in trading volume, with 9,106 shares traded, compared to 5,816 shares previously.
• The company's recent earnings report showed an EPS of $1.25, exceeding the consensus estimate by $0.56 and indicating a strong financial performance.
• SBI's market capitalization stands at $11.95 billion, with a P/E ratio of 11.73 and a net margin of 11.23% for the last quarter.

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) shares saw strong trading volume on Monday . 9,106 shares were traded during trading, an increase of 57% from the previous session's volume of 5,816 shares.The stock last traded at $40.68 and had previously closed at $40.86.

SBI Price Performance

The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 11.50 and a beta of 0.74. The business has a 50-day moving average of $34.57 and a 200-day moving average of $29.85.

SBI (OTCMKTS:SBHGF - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.82. The firm had revenue of $3.09 billion for the quarter. 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.