Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down – Time to Sell?

by · The Cerbat Gem

Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $10.00, but opened at $9.7050. Daiwa Securities Group shares last traded at $9.7050, with a volume of 210 shares trading hands.

Daiwa Securities Group Price Performance

The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.52. The firm has a 50-day simple moving average of $8.66 and a two-hundred day simple moving average of $7.99. The company has a market capitalization of $13.46 billion, a price-to-earnings ratio of 13.12 and a beta of 0.51.

Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). Daiwa Securities Group had a net margin of 11.23% and a return on equity of 7.00%. The company had revenue of $2.44 billion during the quarter.

About Daiwa Securities Group

(Get Free Report)

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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