Daiwa Securities Group (OTCMKTS:DSEEY) Hits New 52-Week High – Here’s What Happened

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) reached a new 52-week high during trading on Thursday . The company traded as high as $8.00 and last traded at $8.00, with a volume of 1175 shares trading hands. The stock had previously closed at $7.73.

Daiwa Securities Group Stock Up 3.5%

The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.69. The firm has a market cap of $11.24 billion, a price-to-earnings ratio of 10.67 and a beta of 0.51. The stock’s 50 day moving average is $7.16 and its 200 day moving average is $6.86.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. Daiwa Securities Group had a net margin of 11.85% and a return on equity of 8.89%. The business had revenue of $2.20 billion for the quarter.

About Daiwa Securities Group

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.