SBI (OTCMKTS:SBHGF) Shares Gap Up - Still a Buy?

SBI Holdings Inc. (OTCMKTS:SBHGF - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $19.24, but opened at $21.65. SBI shares last traded at $21.65, with a volume of 20 shares traded.Analyst Upgrades and DowngradesSeparately, Zacks Research raised shares of SBI to a "hold" rating in a report on Wednesday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".Get Our Latest Stock Report on SBISBI Trading Down 0.3%The company's 50 day moving average is $19.40 and its 200 day moving average is $26.18. The company has a market cap of $6.62 billion, a PE ratio of 3.45 and a beta of 0.81. SBI Company Profile (Get Free Report)SBI Holdings, Inc is a Japan-based financial services conglomerate that traces its origins to the establishment of SoftBank Investment in 1999. The company was rebranded as SBI Holdings in 2005 following its separation from SoftBank Group. Since its inception, SBI has pursued a diversified strategy aimed at integrating traditional financial services with emerging fintech innovations. The group's core activities encompass online securities brokerage, retail and corporate banking, asset management, insurance services and venture capital investments.See AlsoFive stocks we like better than SBIThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in SBI Right Now?Before you consider SBI, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SBI wasn't on the list.While SBI currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here