SoftBank Group Corp. (OTCMKTS:SFTBY - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $28.75 and traded as low as $26.80. SoftBank Group shares last traded at $27.25, with a volume of 633,471 shares traded.
Analysts Set New Price Targets
Separately, Jefferies Financial Group upgraded SoftBank Group from a "hold" rating to a "buy" rating in a report on Tuesday, June 11th.
Get Our Latest Research Report on SFTBY
SoftBank Group Price Performance
The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of 1.15. The company has a 50 day moving average price of $31.46 and a 200 day moving average price of $28.75. The company has a market capitalization of $83.26 billion, a P/E ratio of -37.33 and a beta of 1.18.
SoftBank Group (OTCMKTS:SFTBY - Get Free Report) last issued its earnings results on Monday, May 13th. The technology company reported $0.52 EPS for the quarter. SoftBank Group had a return on equity of 0.53% and a net margin of 0.92%. The company had revenue of $11.82 billion during the quarter. On average, equities analysts predict that SoftBank Group Corp. will post 2.13 EPS for the current fiscal year.
About SoftBank Group
(
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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.
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