Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down – Here’s What Happened
by Tristan Rich · The Markets DailyShares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $10.01, but opened at $9.53. Daiwa Securities Group shares last traded at $9.53, with a volume of 602 shares changing hands.
Daiwa Securities Group Stock Down 5.5%
The firm has a 50-day moving average of $9.91 and a two-hundred day moving average of $8.91. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $13.39 billion, a PE ratio of 12.78 and a beta of 0.51.
Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last posted its earnings results on Monday, February 2nd. The financial services provider reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. Daiwa Securities Group had a return on equity of 7.01% and a net margin of 10.93%.The company had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $1.70 billion.
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.