SoftBank Group (OTCMKTS:SFTBF) Shares Pass Above Fifty Day Moving Average of $43.55

SoftBank Group Corp (OTCMKTS:SFTBF)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $43.55 and traded as high as $53.26. SoftBank Group shares last traded at $53.26, with a volume of 33,740 shares.

The stock’s fifty day moving average is $44.09 and its two-hundred day moving average is $42.42.

SoftBank Group Company Profile (OTCMKTS:SFTBF)

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

See Also: What does RSI mean?

Receive News & Ratings for SoftBank Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SoftBank Group and related companies with's FREE daily email newsletter.