SoftBank Group (OTCMKTS:SFTBY) Stock Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• SoftBank shares fell below their 200‑day moving average, with the 200‑day at $15.08 and the ADR trading as low as $12.00 and last at $12.43 on volume of about 2.48 million shares.
• Analyst coverage is limited but positive: BTIG and Citigroup initiated coverage with Buy ratings, and overall consensus on MarketBeat is a "Moderate Buy" (two Buys, one Hold).
• The company recently beat quarterly estimates (EPS $0.14 vs $0.10, revenue $12.9B vs $12.44B) and trades at a low reported PE of 5.73 with a market cap around $142 billion.

SoftBank Group Corp. Unsponsored ADR (OTCMKTS:SFTBY - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.08 and traded as low as $12.00. SoftBank Group shares last traded at $12.43, with a volume of 2,481,107 shares traded.

Wall Street Analyst Weigh In

SFTBY has been the topic of a number of analyst reports. BTIG Research began coverage on shares of SoftBank Group in a research report on Monday, January 5th. They issued a "buy" rating on the stock. Citigroup started coverage on shares of SoftBank Group in a report on Monday, January 5th. They issued a "buy" rating on the stock. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, SoftBank Group presently has an average rating of "Moderate Buy".

SoftBank Group Stock Performance

The business has a 50 day simple moving average of $13.77 and a 200 day simple moving average of $15.08. The company has a market capitalization of $142.00 billion, a PE ratio of 5.73 and a beta of 1.46. The company has a quick ratio of 0.90, a current ratio of 0.92 and a debt-to-equity ratio of 0.76.

SoftBank Group (OTCMKTS:SFTBY - Get Free Report) last released its earnings results on Thursday, February 12th. The technology company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.04. The company had revenue of $12.90 billion for the quarter, compared to the consensus estimate of $12.44 billion. SoftBank Group had a net margin of 48.62% and a return on equity of 24.75%. Equities research analysts predict that SoftBank Group Corp. Unsponsored ADR will post 2.22 EPS for the current fiscal year.

About SoftBank Group

SoftBank Group Corp is a Tokyo‐based multinational conglomerate holding company with a primary focus on technology, telecommunications and investment management. Founded in 1981 by Masayoshi Son, the company initially operated as a software distributor before expanding into mobile communications and internet services. Over the years, SoftBank has built a diversified portfolio that spans telecom operators, semiconductor design, cloud computing, and emerging technology ventures.

A key pillar of SoftBank's strategy is its investment arm, the SoftBank Vision Fund, which targets high‐growth technology companies around the globe.

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