Daiwa Securities Group (OTCMKTS:DSEEY) Hits New 1-Year High – Time to Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares hit a new 52-week high on Wednesday . The stock traded as high as $8.54 and last traded at $8.54, with a volume of 1036 shares changing hands. The stock had previously closed at $8.49.

Daiwa Securities Group Price Performance

The stock has a market cap of $11.56 billion, a PE ratio of 10.97 and a beta of 0.51. The business’s 50-day simple moving average is $7.94 and its 200-day simple moving average is $7.36. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.67.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.02). The business had revenue of $2.44 billion during the quarter. Daiwa Securities Group had a return on equity of 8.80% and a net margin of 11.85%.

Daiwa Securities Group Company Profile

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.