Daiwa Securities Group (OTCMKTS:DSEEY) Stock Crosses Below 50-Day Moving Average – Time to Sell?

by · The Markets Daily

Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $6.70 and traded as low as $6.43. Daiwa Securities Group shares last traded at $6.45, with a volume of 3,682 shares changing hands.

Daiwa Securities Group Price Performance

The stock has a market capitalization of $9.13 billion, a PE ratio of 9.56 and a beta of 0.61. The business’s 50-day moving average price is $6.69 and its 200 day moving average price is $7.19. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.12 and a current ratio of 1.12.

Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last posted its earnings results on Tuesday, October 29th. The financial services provider reported $0.27 EPS for the quarter. Daiwa Securities Group had a return on equity of 8.23% and a net margin of 10.47%. The business had revenue of $2.38 billion during the quarter.

Daiwa Securities Group Company Profile

(Get Free Report)

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.

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