SoftBank Corp. (OTCMKTS:SOBKY – Get Free Report) shares passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $15.35 and traded as high as $15.6699. SoftBank shares last traded at $15.3599, with a volume of 157,157 shares changing hands.
SoftBank Stock Performance
The stock’s 50-day simple moving average is $15.35 and its 200 day simple moving average is $14.11.
SoftBank Company Profile
SoftBank Group Corp. is a Japan-based investment holding company founded in 1981 by Masayoshi Son. The company began as a distributor of computer software and expanded into telecommunications, internet services and technology investments. It is headquartered in Tokyo and has business and investment activities spanning Japan, the United States, Europe, Asia and other international markets.
SoftBank Group manages a broad portfolio of technology-related businesses and investments through its investment subsidiaries and funds.
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