SoftBank Group (OTCMKTS:SFTBY) Shares Pass Below 200 Day Moving Average – Should You Sell?

SoftBank Group Corp. (OTCMKTS:SFTBY)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $30.18 and traded as low as $29.63. SoftBank Group shares last traded at $29.80, with a volume of 462,186 shares.

SoftBank Group Stock Performance

The company has a quick ratio of 0.78, a current ratio of 0.68 and a debt-to-equity ratio of 0.82. The stock has a fifty day moving average price of $29.83 and a two-hundred day moving average price of $30.18. The company has a market capitalization of $87.61 billion, a price-to-earnings ratio of 5.96 and a beta of 1.15.

SoftBank Group Company Profile

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.