Daiwa Securities Group (OTCMKTS:DSEEY) Sees Unusually-High Trading Volume – What’s Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares saw strong trading volume on Wednesday . 355,357 shares changed hands during mid-day trading, an increase of 1,083% from the previous session’s volume of 30,031 shares.The stock last traded at $11.50 and had previously closed at $11.31.

Daiwa Securities Group Price Performance

The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10. The company has a fifty day moving average price of $10.69 and a 200 day moving average price of $10.06. The company has a market capitalization of $16.30 billion, a P/E ratio of 12.39 and a beta of 0.49.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The business had revenue of $2.77 billion during the quarter, compared to analyst estimates of $1.34 billion. Daiwa Securities Group had a return on equity of 8.46% and a net margin of 12.72%.

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.