SoftBank Group (OTCMKTS:SFTBY) Issues Earnings Results

SoftBank Group (OTCMKTS:SFTBY) issued its quarterly earnings data on Wednesday. The technology company reported ($0.83) EPS for the quarter, Zacks reports. SoftBank Group had a net margin of 31.74% and a return on equity of 17.03%.

SoftBank Group Trading Down 1.5 %

Shares of SFTBY stock opened at $30.92 on Wednesday. The firm has a market cap of $90.90 billion, a P/E ratio of 6.18 and a beta of 1.14. SoftBank Group has a 1-year low of $22.35 and a 1-year high of $37.19. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.68 and a quick ratio of 0.67. The firm’s 50-day simple moving average is $30.14 and its 200-day simple moving average is $29.43.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut shares of SoftBank Group from a “buy” rating to a “hold” rating in a research note on Friday, December 20th.

About SoftBank Group

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.