SBI (OTCMKTS:SBHGF) Trading 0.5% Higher - Here's Why

Key Points

• SBI Holdings Inc. shares increased by 0.5% to trade at $40.24, despite an 85% decline in trading volume compared to the average session.
• The company's quarterly earnings report showed an EPS of $1.81, significantly exceeding the consensus estimate of $0.99, and total quarterly revenue of $3.09 billion.
• SBI operates across multiple segments, including Financial Services, Asset Management, and Crypto-Asset Business, contributing to a market capitalization of $12.16 billion.

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report)'s share price shot up 0.5% during mid-day trading on Wednesday . The stock traded as high as $41.25 and last traded at $40.24. 836 shares were traded during mid-day trading, a decline of 85% from the average session volume of 5,487 shares. The stock had previously closed at $40.04.

SBI Stock Performance

The company has a market capitalization of $13.29 billion, a PE ratio of 9.30 and a beta of 0.76. The company's fifty day moving average is $36.02 and its 200-day moving average is $30.49.

SBI (OTCMKTS:SBHGF - Get Free Report) last posted its 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 net margin of 14.51% and a return on equity of 12.48%.

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.