Daiwa Securities Group (OTCMKTS:DSEEY) Stock Falls 4.5% – Should You Sell?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) dropped 4.5% on Tuesday. The stock traded as low as $11.36 and last traded at $11.36. Approximately 1,388 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 28,319 shares. The stock had previously closed at $11.90.

Daiwa Securities Group Price Performance

The firm has a market cap of $16.37 billion, a PE ratio of 12.44 and a beta of 0.48. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.48. The stock has a 50 day moving average price of $11.56 and a two-hundred day moving average price of $10.43.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm had revenue of $2.77 billion during the quarter, compared to analyst estimates of $1.34 billion. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.39%.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a Japan-based financial services holding company and the parent of Daiwa Securities and other businesses. The group provides investment and financial solutions to individual investors, corporations, financial institutions, governments and other institutional clients.

Its principal activities include retail securities brokerage, investment banking, underwriting and sales of equities and bonds, mergers and acquisitions advisory, institutional sales and trading, investment research, and asset management.