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SBI (OTCMKTS:SBHGF) Shares Gap Up - Here's What Happened

SBI logo with Finance background

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $38.20, but opened at $40.96. SBI shares last traded at $38.71, with a volume of 91 shares.

SBI Trading Up 2.4%

The firm's 50 day simple moving average is $32.06 and its two-hundred day simple moving average is $28.84. The firm has a market cap of $12.08 billion, a price-to-earnings ratio of 11.87 and a beta of 0.74.

SBI (OTCMKTS:SBHGF - Get Free Report) last issued its earnings results on Friday, May 9th. The company reported $1.25 EPS for the quarter, beating the consensus estimate of $0.69 by $0.56. The company had revenue of $2.87 billion during the quarter, compared to analysts' expectations 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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