Daiwa Securities Group (OTCMKTS:DSEEY) Sets New 1-Year High – Should You Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares hit a new 52-week high on Friday . The stock traded as high as $11.36 and last traded at $11.36, with a volume of 1433 shares. The stock had previously closed at $10.89.

Daiwa Securities Group Stock Up 2.1%

The stock has a fifty day moving average of $9.82 and a two-hundred day moving average of $9.74. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.44. The stock has a market cap of $15.73 billion, a price-to-earnings ratio of 13.40 and a beta of 0.49.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.20 EPS for the quarter, topping the consensus estimate of $0.19 by $0.01. The company had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.40 billion. Daiwa Securities Group had a return on equity of 7.36% and a net margin of 11.91%.

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.