Daiwa Securities Group (OTCMKTS:DSEEY) Announces Earnings Results

Daiwa Securities Group (OTCMKTS:DSEEY) issued its quarterly earnings results on Tuesday. The financial services provider reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02), Zacks reports. The firm had revenue of $2.44 billion for the quarter. Daiwa Securities Group had a net margin of 11.85% and a return on equity of 8.80%.

Daiwa Securities Group Stock Up 0.1%

OTCMKTS:DSEEY traded up $0.01 on Wednesday, hitting $8.20. The stock had a trading volume of 713 shares, compared to its average volume of 8,928. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market cap of $11.52 billion, a P/E ratio of 10.93 and a beta of 0.52. Daiwa Securities Group has a 1 year low of $5.52 and a 1 year high of $8.54. The firm’s fifty day simple moving average is $7.89 and its two-hundred day simple moving average is $7.29.

About Daiwa Securities Group

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.