Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down – Should You Sell?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) gapped down before the market opened on Monday . The stock had previously closed at $9.08, but opened at $8.63. Daiwa Securities Group shares last traded at $8.94, with a volume of 1,014 shares trading hands.

Daiwa Securities Group Stock Performance

The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.52. The firm has a market cap of $13.38 billion, a P/E ratio of 13.04 and a beta of 0.51. The business has a fifty day simple moving average of $8.52 and a 200-day simple moving average of $7.90.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results on Tuesday, November 4th. The financial services provider reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). The business had revenue of $2.44 billion for the quarter. Daiwa Securities Group had a net margin of 11.23% and a return on equity of 7.00%.

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.