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

Shares of SBI Holdings Inc. (OTCMKTS:SBHGFGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $45.40, but opened at $40.43. SBI shares last traded at $44.50, with a volume of 2,032 shares.

SBI Price Performance

The firm has a 50 day moving average price of $44.46 and a 200-day moving average price of $38.74. The firm has a market cap of $13.76 billion, a price-to-earnings ratio of 9.63 and a beta of 0.76.

SBI (OTCMKTS:SBHGFGet Free Report) last released its earnings results on Friday, October 31st. The company reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.94. SBI had a return on equity of 12.48% and a net margin of 14.51%.The company 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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