SoftBank Group Corp. (OTCMKTS:SFTBY - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $28.99 and traded as low as $22.41. SoftBank Group shares last traded at $33.83, with a volume of 1,205,689 shares traded.
Analyst Ratings Changes
Separately, Jefferies Financial Group cut SoftBank Group from a "buy" rating to a "hold" rating in a research report on Friday, December 20th.
Read Our Latest Stock Analysis on SoftBank Group
SoftBank Group Stock Performance
The firm's 50 day simple moving average is $27.12 and its 200 day simple moving average is $28.90. The firm has a market cap of $70.44 billion, a PE ratio of 12.04 and a beta of 1.24. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.82.
SoftBank Group (OTCMKTS:SFTBY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The technology company reported ($0.83) earnings per share (EPS) for the quarter. SoftBank Group had a return on equity of 6.65% and a net margin of 12.74%. On average, research analysts forecast that SoftBank Group Corp. will post 2.22 EPS for the current fiscal year.
About SoftBank Group
(
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.
Further Reading
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