Daiwa Securities Group (OTCMKTS:DSEEY) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.31 and traded as low as $6.55. Daiwa Securities Group shares last traded at $6.58, with a volume of 26,833 shares trading hands.

Daiwa Securities Group Trading Up 2.2 %

The business has a 50 day moving average price of $6.93 and a 200-day moving average price of $7.31. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.80. The firm has a market cap of $9.24 billion, a price-to-earnings ratio of 9.68 and a beta of 0.63.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its earnings results on Tuesday, October 29th. The financial services provider reported $0.27 EPS for the quarter. The company had revenue of $2.38 billion during the quarter. Daiwa Securities Group had a return on equity of 8.23% and a net margin of 10.47%.

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.