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

SBI Holdings Inc. (OTCMKTS:SBHGFGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $21.50, but opened at $22.50. SBI shares last traded at $21.70, with a volume of 501 shares trading hands.

SBI Trading Up 1.3%

The stock’s fifty day simple moving average is $38.69 and its 200 day simple moving average is $39.32. The company has a market cap of $6.60 billion, a price-to-earnings ratio of 3.76 and a beta of 0.72.

SBI (OTCMKTS:SBHGFGet Free Report) last posted its quarterly earnings results on Friday, October 31st. The company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.94. SBI had a return on equity of 15.66% and a net margin of 16.99%.The business had revenue of $3.11 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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