Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Up – Should You Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $8.5250, but opened at $8.8725. Daiwa Securities Group shares last traded at $8.8725, with a volume of 334 shares changing hands.

Daiwa Securities Group Trading Down 2.8%

The business’s fifty day moving average is $8.07 and its 200-day moving average is $7.64. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market cap of $12.35 billion, a P/E ratio of 12.04 and a beta of 0.51.

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 (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02). Daiwa Securities Group had a net margin of 11.23% and a return on equity of 7.00%. The business 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.