SBI (OTCMKTS:SBHGF) Trading Up 8.2% - Time to Buy?

Key Points

• SBI Holdings Inc. shares increased by 8.2% to a trading price of $46.70 during mid-day trading, although the trading volume fell to just 10 shares compared to an average of 5,484.
• The company reported earnings per share (EPS) of $1.81 for the latest quarter, significantly exceeding the consensus estimate of $0.99.
• SBI Holdings operates in various segments including Financial Services, Asset Management, and Crypto-Asset Business, and has a market capitalization of $14.20 billion.

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) shares rose 8.2% during mid-day trading on Monday . The stock traded as high as $46.70 and last traded at $46.70. Approximately 10 shares were traded during trading, a decline of 100% from the average daily volume of 5,484 shares. The stock had previously closed at $43.17.

SBI Stock Performance

The company has a market capitalization of $14.24 billion, a price-to-earnings ratio of 9.97 and a beta of 0.76. The firm has a fifty day moving average price of $38.74 and a 200-day moving average price of $31.69.

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

About SBI

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.