Daiwa Securities Group (OTCMKTS:DSEEY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw an uptick in trading volume on Tuesday . 39,123 shares traded hands during mid-day trading, an increase of 309% from the previous session’s volume of 9,574 shares.The stock last traded at $8.69 and had previously closed at $8.87.

Daiwa Securities Group Trading Down 2.0%

The company’s 50-day moving average is $8.09 and its 200-day moving average is $7.66. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market cap of $12.21 billion, a price-to-earnings ratio of 11.90 and a beta of 0.51.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results on Tuesday, November 4th. The financial services provider reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates 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.

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.