Softbank Corp. (SFTBY) Cut to Hold at ValuEngine

ValuEngine cut shares of Softbank Corp. (OTCMKTS:SFTBY) from a buy rating to a hold rating in a research note released on Thursday.

Softbank Corp. (SFTBY) opened at 41.08 on Thursday. The stock has a market cap of $89.51 billion, a PE ratio of 8.37 and a beta of 1.21. The firm has a 50-day moving average price of $40.14 and a 200-day moving average price of $39.35. Softbank Corp. has a 12-month low of $29.43 and a 12-month high of $43.68.

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Softbank Corp. Company Profile

SoftBank Group Corp., together with its subsidiaries, operates in the information industry in Japan and internationally. The company operates through five segments: Domestic Telecommunications, Sprint, Yahoo Japan, Distribution, and ARM. The Domestic Telecommunications segment provides mobile communications and broadband services; sells mobile devices; and provision of fixed-line telecommunications services to corporate customers, such as data communications and fixed-line telephone services.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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