Daiwa Securities Group (OTCMKTS:DSEEY) Sees Strong Trading Volume – Should You Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw an uptick in trading volume on Monday . 3,208 shares changed hands during trading, a decline of 13% from the previous session’s volume of 3,688 shares.The stock last traded at $10.4150 and had previously closed at $10.2050.

Daiwa Securities Group Stock Performance

The firm has a market cap of $15.31 billion, a PE ratio of 14.62 and a beta of 0.52. The business has a 50 day simple moving average of $9.20 and a two-hundred day simple moving average of $8.34. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.52.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its quarterly earnings results on Monday, February 2nd. The financial services provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. Daiwa Securities Group had a net margin of 10.93% and a return on equity of 7.01%. The firm had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $1.70 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.