SoftBank Group Corp. (OTCMKTS:SFTBY - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $29.56 and traded as low as $26.70. SoftBank Group shares last traded at $27.14, with a volume of 457,656 shares traded.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group lowered SoftBank Group from a "buy" rating to a "hold" rating in a report on Friday, December 20th.
View Our Latest Analysis on SFTBY
SoftBank Group Price Performance
The company has a market cap of $77.12 billion, a P/E ratio of 13.18 and a beta of 1.29. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.68 and a quick ratio of 0.67. The company's 50-day moving average price is $29.51 and its 200-day moving average price is $29.49.
SoftBank Group (OTCMKTS:SFTBY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The technology company reported ($0.83) EPS for the quarter. SoftBank Group had a net margin of 12.74% and a return on equity of 6.65%. As a group, sell-side analysts predict that SoftBank Group Corp. will post 2.22 earnings per share for the current fiscal year.
SoftBank Group Company Profile
(
Get Free Report)
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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