Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down – What’s Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) gapped down prior to trading on Friday . The stock had previously closed at $8.41, but opened at $8.08. Daiwa Securities Group shares last traded at $8.4866, with a volume of 1,690 shares changing hands.

Daiwa Securities Group Stock Up 0.7%

The firm has a 50-day simple moving average of $8.00 and a two-hundred day simple moving average of $7.55. The stock has a market cap of $11.90 billion, a P/E ratio of 11.60 and a beta of 0.51. The company has a current ratio of 1.10, a quick ratio of 1.12 and a debt-to-equity ratio of 1.52.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.02). Daiwa Securities Group had a return on equity of 7.00% and a net margin of 11.23%.The firm had revenue of $2.44 billion for the quarter.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.