SBI (OTCMKTS:SBHGF) Trading Up 4.2% – Here’s Why

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

Analyst Ratings Changes

Separately, Citigroup upgraded SBI to a “strong-buy” rating in a research report on Monday, July 29th.

SBI Stock Performance

The firm has a market capitalization of $7.12 billion, a PE ratio of 11.39 and a beta of 0.96. The company has a fifty day moving average price of $22.16 and a 200-day moving average price of $23.65.

SBI Company Profile

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.