SBI (OTCMKTS:SBHGF) Shares Gap Down - Here's Why

Key Points

• SBI Holdings' stock price opened at $41.22, down from a previous close of $43.20, indicating a significant gap down before trading.
• The company reported a quarterly earnings per share (EPS) of $1.81, surpassing the consensus estimate of $0.99 by $0.82, with a revenue of $3.09 billion.
• SBI Holdings has a market capitalization of $13.11 billion and operates across various business segments including financial services, asset management, and crypto-assets.

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $43.20, but opened at $41.22. SBI shares last traded at $43.37, with a volume of 5,979 shares trading hands.

SBI Stock Performance

The firm has a market cap of $13.11 billion, a P/E ratio of 9.18 and a beta of 0.75. The company's 50 day moving average is $43.90 and its 200 day moving average is $34.51.

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

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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