Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down – Here’s What Happened

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) gapped down prior to trading on Wednesday . The stock had previously closed at $10.00, but opened at $9.7050. Daiwa Securities Group shares last traded at $9.7050, with a volume of 210 shares.

Daiwa Securities Group Trading Up 3.0%

The company has a debt-to-equity ratio of 1.52, a current ratio of 1.10 and a quick ratio of 1.10. The stock’s 50-day moving average is $8.75 and its two-hundred day moving average is $8.03. The company has a market cap of $13.87 billion, a P/E ratio of 13.53 and a beta of 0.51.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its earnings results on Tuesday, November 4th. The financial services provider reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). The company had revenue of $2.44 billion during the quarter. Daiwa Securities Group had a return on equity of 7.00% and a net margin of 11.23%.

About Daiwa Securities Group

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.