Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Up – What’s Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $9.25, but opened at $9.8280. Daiwa Securities Group shares last traded at $10.1166, with a volume of 1,598 shares changing hands.

Daiwa Securities Group Stock Down 3.0%

The stock has a market cap of $13.80 billion, a price-to-earnings ratio of 13.36 and a beta of 0.51. The business has a fifty day moving average of $9.04 and a 200 day moving average of $8.22. 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 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 business had revenue of $2.44 billion during the quarter.

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.