Daiwa Securities Group (OTCMKTS:DSEEY) Sets New 1-Year High – What’s Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $10.99 and last traded at $10.99, with a volume of 366 shares changing hands. The stock had previously closed at $10.82.

Daiwa Securities Group Stock Performance

The company has a market cap of $15.55 billion, a P/E ratio of 14.85 and a beta of 0.52. 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 50 day moving average of $9.29 and a 200-day moving average of $8.39.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings data on Monday, February 2nd. The financial services provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $1.70 billion. Daiwa Securities Group had a net margin of 10.93% and a return on equity of 7.01%.

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.