SBI (OTCMKTS:SBHGF) Shares Down 7.1% - Time to Sell?

Key Points

• SBI Holdings Inc. shares fell 7.1%, trading at $43.40, during mid-day trading on Thursday.
• The company reported a net income of $1.81 EPS, exceeding the consensus estimate of $0.99, for the last quarter.
• SBI Holdings has a market capitalization of $13.44 billion and operates in multiple sectors, including financial services and crypto-assets.

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report)'s stock price fell 7.1% during mid-day trading on Thursday . The company traded as low as $43.40 and last traded at $43.40. 4,562 shares traded hands during trading, a decline of 17% from the average session volume of 5,526 shares. The stock had previously closed at $46.74.

SBI Stock Performance

The company has a market capitalization of $13.44 billion, a PE ratio of 9.40 and a beta of 0.76. The company has a 50 day moving average price of $36.87 and a 200 day moving average price of $30.87.

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