SoftBank Group (OTCMKTS:SFTBF) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

SoftBank Group Corp. (OTCMKTS:SFTBFGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $58.49 and traded as low as $52.00. SoftBank Group shares last traded at $52.86, with a volume of 2,184 shares.

SoftBank Group Price Performance

The company’s 50 day moving average is $58.18 and its 200-day moving average is $58.53.

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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