SBI (OTCMKTS:SBHGF) Shares Gap Down – Here’s Why

SBI Holdings Inc. (OTCMKTS:SBHGFGet Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $43.20, but opened at $41.22. SBI shares last traded at $43.37, with a volume of 5,979 shares.

SBI Price Performance

The company’s 50-day moving average price is $43.90 and its two-hundred day moving average price is $34.51. The company has a market capitalization of $13.11 billion, a price-to-earnings ratio of 9.18 and a beta of 0.75.

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

SBI Company Profile

(Get Free Report)

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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