SBI (OTCMKTS:SBHGF) Trading Down 3.5% - Time to Sell?

Key Points

• SBI Holdings Inc. shares fell by 3.5% during mid-day trading, reaching a low of $37.40, with trading volume down 80% from the average.
• The company reported earnings of $1.81 per share, significantly exceeding the estimated $0.99, alongside a revenue of $3.09 billion and a return on equity of 12.48%.
• SBI Holdings has a market capitalization of $11.75 billion and operates across multiple sectors, including financial services, asset management, and crypto-asset businesses.

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) shares fell 3.5% during mid-day trading on Monday . The company traded as low as $37.40 and last traded at $37.40. 1,136 shares changed hands during trading, a decline of 80% from the average session volume of 5,714 shares. The stock had previously closed at $38.74.

SBI Stock Up 0.4%

The company has a market capitalization of $11.75 billion, a PE ratio of 8.22 and a beta of 0.76. The business has a 50 day simple moving average of $34.79 and a 200 day simple moving average of $30.01.

SBI (OTCMKTS:SBHGF - Get Free Report) last announced its quarterly earnings results 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 company had revenue of $3.09 billion during 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.

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