Daiwa Securities Group (OTCMKTS:DSEEY) Sets New 52-Week High – Here’s What Happened

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $9.21 and last traded at $9.21, with a volume of 287 shares changing hands. The stock had previously closed at $8.6185.

Daiwa Securities Group Price Performance

The firm’s 50 day simple moving average is $8.26 and its two-hundred day simple moving average is $7.76. 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 firm has a market capitalization of $12.94 billion, a P/E ratio of 12.62 and a beta of 0.51.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.13 EPS 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 company had revenue of $2.44 billion during the quarter.

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.