SoftBank (OTCMKTS:SOBKY) Stock Price Up 4% – Still a Buy?

Shares of SoftBank Corp. (OTCMKTS:SOBKYGet Free Report) traded up 4% on Friday . The stock traded as high as $13.01 and last traded at $13.01. 65,439 shares were traded during trading, an increase of 17% from the average session volume of 55,838 shares. The stock had previously closed at $12.51.

SoftBank Stock Performance

The company has a 50-day moving average of $13.17 and a 200-day moving average of $12.75.

About SoftBank

(Get Free Report)

SoftBank Corp., together with its subsidiaries, engages in the telecommunication and information technology businesses in Japan. It operates through Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business segments. The Consumer segment offers mobile services under the SoftBank, Y!mobile, LINE MOBILE, and LINEMO brands.

Further Reading

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