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

SBI logo with Finance background

Shares of SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $34.33, but opened at $32.50. SBI shares last traded at $32.50, with a volume of 114 shares trading hands.

SBI Stock Performance

The company has a 50 day moving average of $29.46 and a 200-day moving average of $27.95. The stock has a market cap of $11.09 billion, a price-to-earnings ratio of 10.90 and a beta of 0.74.

SBI (OTCMKTS:SBHGF - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.56. The firm had revenue of $2.87 billion for the quarter, compared to the consensus estimate of $2.01 billion. SBI had a net margin of 11.23% and a return on equity of 8.76%.

About SBI

(Get Free Report)

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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