SoftBank Group (OTCMKTS:SFTBF) Shares Pass Below 200-Day Moving Average – Here’s What Happened

SoftBank Group Corp. (OTCMKTS:SFTBFGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $58.53 and traded as low as $51.44. SoftBank Group shares last traded at $52.07, with a volume of 2,893 shares trading hands.

SoftBank Group Trading Up 0.8 %

The firm’s 50-day moving average is $58.71 and its two-hundred day moving average is $58.53.

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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