Daiwa Securities Group (OTCMKTS:DSEEY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw unusually-strong trading volume on Tuesday . Approximately 12,030 shares traded hands during trading, an increase of 330% from the previous session’s volume of 2,796 shares.The stock last traded at $9.47 and had previously closed at $9.8750.

Daiwa Securities Group Stock Down 4.1%

The company has a market cap of $13.40 billion, a P/E ratio of 12.97 and a beta of 0.51. The stock has a 50-day moving average of $8.78 and a 200 day moving average of $8.07. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.10 and a quick ratio of 1.10.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.02). The firm had revenue of $2.44 billion for the quarter. Daiwa Securities Group had a return on equity of 7.00% and a net margin of 11.23%.

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.