SoftBank Group Corp. (OTCMKTS:SFTBY - Get Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $29.55 and traded as low as $29.00. SoftBank Group shares last traded at $29.94, with a volume of 672,990 shares traded.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group cut SoftBank Group from a "buy" rating to a "hold" rating in a research report on Friday, December 20th.
Check Out Our Latest Research Report on SFTBY
SoftBank Group Stock Down 2.7 %
The company has a current ratio of 0.68, a quick ratio of 0.78 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of $29.55 and a 200-day moving average price of $29.96. The firm has a market cap of $85.67 billion, a P/E ratio of 5.83 and a beta of 1.14.
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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