Daiwa Securities Group (OTCMKTS:DSEEY) Sees Unusually-High Trading Volume – Here’s Why

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares saw an uptick in trading volume on Monday . 35,512 shares were traded during trading, an increase of 23% from the previous session’s volume of 28,790 shares.The stock last traded at $11.65 and had previously closed at $11.80.

Daiwa Securities Group Price Performance

The stock has a market capitalization of $17.70 billion, a P/E ratio of 13.45 and a beta of 0.48. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.10 and a quick ratio of 1.10. The company’s 50-day simple moving average is $11.41 and its 200-day simple moving average is $10.28.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.01. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $1.34 billion. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.39%.

About Daiwa Securities Group

Daiwa Securities Group Inc is a Japan-based financial services holding company and the parent of Daiwa Securities and other businesses. The group provides investment and financial solutions to individual investors, corporations, financial institutions, governments and other institutional clients.

Its principal activities include retail securities brokerage, investment banking, underwriting and sales of equities and bonds, mergers and acquisitions advisory, institutional sales and trading, investment research, and asset management.