Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 16,705 shares, a drop of 83.9% from the August 15th total of 103,625 shares. Based on an average daily trading volume, of 28,008 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the shares of the company are sold short.
Daiwa Securities Group Stock Performance
Shares of Daiwa Securities Group stock traded up $0.30 during trading on Friday, reaching $12.10. The company’s stock had a trading volume of 25,466 shares, compared to its average volume of 17,222. 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 business’s 50-day moving average price is $11.41 and its 200-day moving average price is $10.28. Daiwa Securities Group has a 52 week low of $7.37 and a 52 week high of $12.38. The firm has a market cap of $17.12 billion, a PE ratio of 13.01 and a beta of 0.48.
Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The financial services provider reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The business had revenue of $2.77 billion for 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.
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