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

Daiwa Securities Group (OTCMKTS:DSEEY) posted its earnings results on Friday. The financial services provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01), Zacks reports. Daiwa Securities Group had a return on equity of 8.39% and a net margin of 12.72%.

Daiwa Securities Group Stock Down 5.8%

Shares of OTCMKTS:DSEEY traded down $0.65 on Friday, reaching $10.63. The company had a trading volume of 57,070 shares, compared to its average volume of 28,622. The stock has a market capitalization of $15.04 billion, a P/E ratio of 11.43 and a beta of 0.52. The stock has a 50-day moving average price of $11.43 and a 200 day moving average price of $10.43. Daiwa Securities Group has a twelve month low of $7.44 and a twelve month high of $12.58. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.48.

About Daiwa Securities Group

Daiwa Securities Group Inc is a Japanese financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides securities and investment services to individual, corporate and institutional clients, with activities spanning brokerage, investment banking, asset management and wealth management.

The group’s businesses include retail securities brokerage, equity and fixed-income underwriting, mergers and acquisitions advisory, sales and trading, research, and investment management.