Jefferies Financial Group Downgrades SoftBank Group (OTCMKTS:SFTBY) to Hold

Jefferies Financial Group downgraded shares of SoftBank Group (OTCMKTS:SFTBY) from a buy rating to a hold rating in a report released on Friday, Marketbeat Ratings reports.

SoftBank Group Stock Performance

Shares of OTCMKTS SFTBY opened at $28.19 on Friday. SoftBank Group has a 12 month low of $20.60 and a 12 month high of $37.19. The company has a market cap of $82.88 billion, a P/E ratio of 5.64 and a beta of 1.15. The business’s 50 day moving average is $29.77 and its two-hundred day moving average is $30.18. The company has a quick ratio of 0.78, a current ratio of 0.68 and a debt-to-equity ratio of 0.82.

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.