SoftBank (OTCMKTS:SOBKY) Stock Price Up 1.1% – Here’s Why

SoftBank Corp. (OTCMKTS:SOBKYGet Free Report) shares were up 1.1% during trading on Thursday . The company traded as high as $14.1099 and last traded at $13.9875. Approximately 115,718 shares changed hands during mid-day trading, an increase of 39% from the average daily volume of 83,181 shares. The stock had previously closed at $13.84.

SoftBank Stock Up 1.1%

The stock has a 50 day moving average price of $14.35 and a 200 day moving average price of $14.97.

About SoftBank

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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.

Further Reading

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