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

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $12.03 and last traded at $12.02, with a volume of 2820 shares. The stock had previously closed at $11.55.

Daiwa Securities Group Price Performance

The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a market capitalization of $17.14 billion, a P/E ratio of 13.02 and a beta of 0.48. The company’s 50 day moving average price is $11.23 and its 200 day moving average price is $10.23.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.01. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.46%. The firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $1.34 billion.

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.