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

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

Daiwa Securities Group Stock Performance

Shares of OTCMKTS:DSEEY traded down $0.65 during trading on Friday, hitting $10.63. The company’s stock had a trading volume of 57,070 shares, compared to its average volume of 28,622. Daiwa Securities Group has a 12 month low of $7.44 and a 12 month high of $12.58. The firm has a market cap of $15.04 billion, a price-to-earnings ratio of 11.43 and a beta of 0.52. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.10 and a quick ratio of 1.10. The company has a 50-day moving average of $11.43 and a 200-day moving average of $10.43.

Daiwa Securities Group Company Profile

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.