Daiwa Securities Group (OTCMKTS:DSEEY) Sets New 52-Week High – Should You Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares reached a new 52-week high during trading on Friday . The stock traded as high as $78.48 and last traded at $78.48, with a volume of 124622 shares traded. The stock had previously closed at $9.98.

Daiwa Securities Group Stock Performance

The firm has a market capitalization of $13.97 billion, a PE ratio of 13.52 and a beta of 0.51. The business has a 50-day simple moving average of $9.01 and a 200-day simple moving average of $8.20. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.10 and a quick ratio of 1.10.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its 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). The company had revenue of $2.44 billion for the quarter. Daiwa Securities Group had a net margin of 11.23% and a return on equity of 7.00%.

Daiwa Securities Group Company Profile

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.