Daiwa Securities Group (OTCMKTS:DSEEY) Sees Strong Trading Volume – Should You Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares saw strong trading volume on Tuesday . 341,935 shares were traded during mid-day trading, an increase of 6,550% from the previous session’s volume of 5,142 shares.The stock last traded at $9.62 and had previously closed at $9.95.

Daiwa Securities Group Trading Down 0.2%

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 cap of $13.78 billion, a price-to-earnings ratio of 13.16 and a beta of 0.51. The firm has a 50 day moving average price of $9.88 and a two-hundred day moving average price of $8.72.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its earnings results on Monday, February 2nd. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. The business had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $1.70 billion. Daiwa Securities Group had a net margin of 10.93% and a return on equity of 7.01%.

About Daiwa Securities Group

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.