Daiwa Securities Group (OTCMKTS:DSEEY) Sees Large Volume Increase – Time to Buy?

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEYGet Free Report) saw an uptick in trading volume on Tuesday . 12,193 shares traded hands during trading, a decline of 10% from the previous session’s volume of 13,546 shares.The stock last traded at $9.81 and had previously closed at $9.54.

Daiwa Securities Group Trading Up 2.8%

The company has a market capitalization of $13.99 billion, a P/E ratio of 13.36 and a beta of 0.51. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a fifty day moving average price of $9.90 and a 200-day moving average price of $8.88.

Daiwa Securities Group (OTCMKTS:DSEEYGet Free Report) last issued its quarterly earnings results on Monday, February 2nd. The financial services provider reported $0.22 EPS for the quarter, topping 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 business had revenue of $2.42 billion for the quarter, compared to analyst estimates of $1.70 billion.

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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