Daiwa Securities Group (OTCMKTS:DSEEY) Sees Unusually-High Trading Volume – Should You Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares saw unusually-high trading volume on Tuesday . Approximately 103,784 shares changed hands during mid-day trading, an increase of 292% from the previous session’s volume of 26,483 shares.The stock last traded at $10.10 and had previously closed at $10.30.

Daiwa Securities Group Stock Performance

The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.44. The firm has a 50-day moving average of $9.58 and a 200-day moving average of $9.52. The stock has a market capitalization of $14.28 billion, a price-to-earnings ratio of 12.16 and a beta of 0.49.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its earnings results on Monday, April 27th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The firm had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.40 billion. Daiwa Securities Group had a return on equity of 7.36% and a net margin of 11.91%.

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.