Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report) saw strong trading volume on Wednesday . 233,294 shares changed hands during trading, an increase of 1,024% from the previous session’s volume of 20,754 shares.The stock last traded at $9.80 and had previously closed at $9.3350.
Daiwa Securities Group Trading Up 2.8%
The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.10 and a current ratio of 1.10. The firm’s fifty day simple moving average is $9.52 and its 200-day simple moving average is $9.25. The stock has a market cap of $13.58 billion, a P/E ratio of 11.57 and a beta of 0.49.
Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.01. The firm had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.40 billion. Daiwa Securities Group had a net margin of 11.91% and a return on equity of 7.36%.
About Daiwa Securities Group
Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.
The group’s core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.
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