SBI (OTCMKTS:SBHGF) Stock Price Up 4.2% – Still a Buy?

SBI Holdings, Inc. (OTCMKTS:SBHGFGet Free Report) shares shot up 4.2% during mid-day trading on Tuesday . The company traded as high as $23.45 and last traded at $23.45. 1,272 shares were traded during trading, an increase of 133% from the average session volume of 545 shares. The stock had previously closed at $22.50.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised shares of SBI to a “strong-buy” rating in a research note on Monday, July 29th.

Read Our Latest Analysis on SBHGF

SBI Price Performance

The stock has a market cap of $7.12 billion, a PE ratio of 11.39 and a beta of 0.96. The business has a fifty day moving average of $22.16 and a 200-day moving average of $23.65.

SBI Company Profile

(Get Free Report)

SBI Holdings, Inc engages in the online securities and investment businesses. It operates through five business segments: Financial Services Business, Asset Management Business, Investment Business, Crypto-Asset Business, and Non-financial Business segments. The Financial Services Business segment consists of a range of finance-related business, including securities brokerage business; banking services business; and life, property, and casualty insurance business.

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