Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report) dropped 6.6% on Monday . The company traded as low as $9.25 and last traded at $9.25. Approximately 874 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 19,011 shares. The stock had previously closed at $9.90.
Daiwa Securities Group Stock Up 0.3%
The business has a fifty day simple moving average of $9.84 and a two-hundred day simple moving average of $9.10. 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 company has a market cap of $13.48 billion, a PE ratio of 12.88 and a beta of 0.54.
Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last announced its quarterly earnings data on Monday, February 2nd. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $1.70 billion. Daiwa Securities Group had a return on equity of 7.01% and a net margin of 10.93%.
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.
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