SoftBank Group Corp. (OTCMKTS:SFTBY – Get Rating) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 392,500 shares, a decline of 35.5% from the August 15th total of 608,400 shares. Based on an average daily volume of 703,900 shares, the short-interest ratio is currently 0.6 days.
SoftBank Group Stock Down 0.1 %
Shares of SFTBY stock traded down $0.01 during trading hours on Friday, hitting $18.77. 313,136 shares of the company were exchanged, compared to its average volume of 544,968. The stock has a market capitalization of $64.68 billion, a price-to-earnings ratio of -1.37 and a beta of 1.15. SoftBank Group has a one year low of $16.78 and a one year high of $49.96. The business's 50-day simple moving average is $20.12 and its two-hundred day simple moving average is $20.39. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.80 and a current ratio of 0.81.
Get SoftBank Group alerts:SoftBank Group (OTCMKTS:SFTBY – Get Rating) last posted its quarterly earnings results on Monday, August 8th. The technology company reported ($7.52) EPS for the quarter. The firm had revenue of $12.13 billion during the quarter. SoftBank Group had a negative return on equity of 41.74% and a negative net margin of 84.15%. Sell-side analysts predict that SoftBank Group will post 1.65 EPS for the current fiscal year.
SoftBank Group Company Profile
(Get Rating)SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through five segments: Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Latin America Funds. The company offers mobile communications, broadband, and fixed-line communications services; and sells mobile devices.
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