Daiwa Securities Group (OTCMKTS:DSEEY) Trading 2.9% Higher – Should You Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price rose 2.9% during mid-day trading on Friday . The company traded as high as $9.16 and last traded at $9.16. Approximately 492 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 9,380 shares. The stock had previously closed at $8.90.

Daiwa Securities Group Trading Down 4.1%

The firm’s 50-day simple moving average is $8.26 and its 200 day simple moving average is $7.76. The stock has a market cap of $12.41 billion, a P/E ratio of 12.10 and a beta of 0.51. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.52.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its earnings results on Tuesday, November 4th. The financial services provider reported $0.13 earnings per share (EPS) 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.

About Daiwa Securities Group

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.