SoftBank Group (OTCMKTS:SFTBY - Get Free Report) was downgraded by Jefferies Financial Group from a "buy" rating to a "hold" rating in a note issued to investors on Friday, MarketBeat.com reports.
SoftBank Group Price Performance
OTCMKTS SFTBY traded down $0.82 during mid-day trading on Friday, hitting $28.19. The stock had a trading volume of 481,183 shares, compared to its average volume of 528,543. The company has a 50 day simple moving average of $29.77 and a 200 day simple moving average of $30.17. The company has a market cap of $82.88 billion, a price-to-earnings ratio of 5.64 and a beta of 1.15. SoftBank Group has a 52-week low of $20.60 and a 52-week high of $37.19. The company has a quick ratio of 0.78, a current ratio of 0.68 and a debt-to-equity ratio of 0.82.
SoftBank Group Company Profile
(
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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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