Daiwa Securities Group (OTCMKTS:DSEEY) Issues Quarterly Earnings Results

Daiwa Securities Group (OTCMKTS:DSEEY) announced its quarterly earnings results on Monday. The financial services provider reported $0.25 EPS for the quarter, topping the consensus estimate of $0.24 by $0.01, Zacks reports. Daiwa Securities Group had a net margin of 11.91% and a return on equity of 7.36%. The company had revenue of $2.77 billion for the quarter, compared to analyst estimates of $1.34 billion.

Daiwa Securities Group Stock Up 1.8%

DSEEY stock opened at $11.45 on Tuesday. The firm has a market cap of $16.20 billion, a PE ratio of 13.79 and a beta of 0.49. Daiwa Securities Group has a 1 year low of $6.84 and a 1 year high of $12.01. The company has a fifty day simple moving average of $10.46 and a 200 day simple moving average of $9.99. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.44.

Daiwa Securities Group Company Profile

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.