SBI (OTCMKTS:SBHGF) Sees Unusually-High Trading Volume - Time to Buy?

Key Points

• SBI Holdings Inc. experienced a significant increase in trading volume, with 14,852 shares traded—a 72% rise from the previous session.
• The company's stock is currently priced at $43.99 and has a market capitalization of $13.31 billion, indicating strong market interest.
• SBI reported impressive earnings of $1.81 EPS for the last quarter, surpassing analysts' expectations by $0.82.

Shares of SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) saw an uptick in trading volume on Monday . 14,852 shares were traded during mid-day trading, an increase of 72% from the previous session's volume of 8,634 shares.The stock last traded at $43.99 and had previously closed at $43.45.

SBI Trading Up 1.4%

The stock has a market capitalization of $13.31 billion, a P/E ratio of 9.31 and a beta of 0.79. The stock's 50 day simple moving average is $44.17 and its 200 day simple moving average is $34.98.

SBI (OTCMKTS:SBHGF - Get Free Report) last issued its earnings results 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 business had revenue of $3.09 billion for the quarter.

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.

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