SoftBank Group Corp. (OTCMKTS:SFTBF – Get Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $41.81 and traded as low as $36.08. SoftBank Group shares last traded at $36.08, with a volume of 320 shares trading hands.
SoftBank Group Price Performance
The stock’s 50 day moving average is $37.88 and its two-hundred day moving average is $41.77.
Institutional Trading of SoftBank Group
A hedge fund recently bought a new stake in SoftBank Group stock. Atlas Capital Advisors LLC acquired a new stake in shares of SoftBank Group Corp. (OTCMKTS:SFTBF – Get Rating) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,000 shares of the company’s stock, valued at approximately $102,000. 25.02% of the stock is owned by institutional investors.
About SoftBank Group
SoftBank Group Corp. operates as a holding company which engages in the management of its group companies. It operates through the following segments: SoftBank Vision Fund, SoftBank, Arm, Brightstar, and Others. The SoftBank Vision Fund segment engages in the investment business. The SoftBank segment provides mobile communication, broadband, and telecom services in Japan.
- Get a free copy of the StockNews.com research report on SoftBank Group (SFTBF)
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
- Hot Inflation, What It Means For The Summer Rally
Receive News & Ratings for SoftBank Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoftBank Group and related companies with MarketBeat.com's FREE daily email newsletter.