Daiwa Securities Group (OTCMKTS:DSEEY) Reaches New 52-Week High – What’s Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $12.58 and last traded at $12.19, with a volume of 67630 shares changing hands. The stock had previously closed at $12.10.

Daiwa Securities Group Stock Down 2.2%

The company has a 50-day moving average price of $11.47 and a 200 day moving average price of $10.31. The firm has a market capitalization of $16.51 billion, a PE ratio of 12.55 and a beta of 0.48. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.10 and a quick ratio of 1.10.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Daiwa Securities Group had a return on equity of 8.39% and a net margin of 12.72%.The firm had revenue of $2.77 billion during the quarter, compared to analyst estimates of $1.34 billion.

About Daiwa Securities Group

Daiwa Securities Group Inc is a Japan-based financial services holding company and the parent of Daiwa Securities and other businesses. The group provides investment and financial solutions to individual investors, corporations, financial institutions, governments and other institutional clients.

Its principal activities include retail securities brokerage, investment banking, underwriting and sales of equities and bonds, mergers and acquisitions advisory, institutional sales and trading, investment research, and asset management.