Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 71,572 shares, an increase of 328.4% from the August 31st total of 16,705 shares. Based on an average trading volume of 53,315 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.0% of the shares of the company are short sold.
Daiwa Securities Group Stock Performance
Shares of DSEEY stock traded up $0.53 during trading on Friday, reaching $11.88. 10,393 shares of the company’s stock traded hands, compared to its average volume of 22,748. Daiwa Securities Group has a 1 year low of $7.37 and a 1 year high of $12.58. The firm’s 50-day moving average is $11.55 and its 200 day moving average is $10.40. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.48. The company has a market capitalization of $16.81 billion, a P/E ratio of 12.77 and a beta of 0.48.
Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.39%. The firm had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $1.34 billion.
About Daiwa Securities Group
Daiwa Securities Group Inc is a Japan-based financial services holding company and the parent of Daiwa Securities and other businesses. The group provides investment and financial solutions to individual investors, corporations, financial institutions, governments and other institutional clients.
Its principal activities include retail securities brokerage, investment banking, underwriting and sales of equities and bonds, mergers and acquisitions advisory, institutional sales and trading, investment research, and asset management.
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