Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Up – Here’s What Happened

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $9.69, but opened at $10.2075. Daiwa Securities Group shares last traded at $10.2075, with a volume of 715 shares trading hands.

Daiwa Securities Group Price Performance

The firm’s fifty day simple moving average is $8.69 and its 200-day simple moving average is $8.00. 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 capitalization of $13.47 billion, a PE ratio of 13.14 and a beta of 0.51.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.02). The firm 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.