Free Trial

SoftBank Group (OTCMKTS:SFTBY) Shares Pass Below 200-Day Moving Average - What's Next?

SoftBank Group logo with Computer and Technology background

SoftBank Group Corp. (OTCMKTS:SFTBY - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $28.72 and traded as low as $22.90. SoftBank Group shares last traded at $23.19, with a volume of 638,858 shares changing hands.

SoftBank Group Stock Performance

The firm has a fifty day moving average price of $25.98 and a 200 day moving average price of $28.59. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.67 and a current ratio of 0.68. The stock has a market cap of $74.68 billion, a PE ratio of 12.76 and a beta of 1.24.

SoftBank Group (OTCMKTS:SFTBY - Get Free Report) last issued its earnings results on Wednesday, February 12th. The technology company reported ($0.83) earnings per share (EPS) for the quarter. SoftBank Group had a return on equity of 6.65% and a net margin of 12.74%. Research analysts forecast that SoftBank Group Corp. will post 2.22 earnings per share for the current fiscal year.

SoftBank Group Company Profile

(Get Free Report)

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Other segments. The company offers mobile communications and solutions to enterprise customers, and broadband services to retail customers; and sells mobile devices and software tools, as well as related services.

See Also

Should You Invest $1,000 in SoftBank Group Right Now?

Before you consider SoftBank Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SoftBank Group wasn't on the list.

While SoftBank Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir’s Big Moves: Profit-Taking, Price Targets & AI Potential
Buy Early: 3 Tech Trends With Millionaire-Making Potential
SMCI Stumbles on Earnings: Why Some Investors Still Want In

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines