SoftBank (OTCMKTS:SFBQF) Stock Price Up 2.4% – Still a Buy?

SoftBank Corp. (OTCMKTS:SFBQFGet Free Report) rose 2.4% during trading on Wednesday . The stock traded as high as $1.52 and last traded at $1.49. Approximately 13,997 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 39,458 shares. The stock had previously closed at $1.45.

SoftBank Price Performance

The business’s 50-day simple moving average is $1.42 and its 200-day simple moving average is $1.33.

SoftBank Company Profile

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SoftBank Corp., together with its subsidiaries, engages in the telecommunication and information technology businesses in Japan. It operates through Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business segments. The Consumer segment offers mobile services under the SoftBank, Y!mobile, LINE MOBILE, and LINEMO brands.

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