SoftBank Group (OTCMKTS:SFTBF) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Shares of SoftBank Group Corp. (OTCMKTS:SFTBFGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $58.49 and traded as low as $52.00. SoftBank Group shares last traded at $52.86, with a volume of 2,184 shares trading hands.

SoftBank Group Stock Down 0.6 %

The firm has a 50 day simple moving average of $58.18 and a 200-day simple moving average of $58.49.

About SoftBank Group

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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.

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