Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $10.47, but opened at $11.1610. Daiwa Securities Group shares last traded at $11.0260, with a volume of 1,270 shares changing hands.
Wall Street Analyst Weigh In
Separately, Zacks Research began coverage on shares of Daiwa Securities Group in a report on Thursday, November 5th. They issued a “hold” rating for the company. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company has an average rating of “Hold”.
Read Our Latest Analysis on Daiwa Securities Group
Daiwa Securities Group Stock Performance
The company has a 50-day simple moving average of $11.33 and a two-hundred day simple moving average of $10.48. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market capitalization of $15.98 billion, a P/E ratio of 12.49 and a beta of 0.59.
Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last announced its earnings results on Friday, October 30th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $1.37 billion. Daiwa Securities Group had a return on equity of 9.31% and a net margin of 12.51%. As a group, equities analysts forecast that Daiwa Securities Group Inc. will post 0.99 EPS for the current year.
Daiwa Securities Group Company Profile
Daiwa Securities Group Inc. is a Japan-based financial services holding company whose principal business is securities and investment services. Its offerings include brokerage and investment advice for individual and corporate clients, as well as services for institutional investors. The group’s businesses also include investment banking, such as securities underwriting and financial advisory services, along with asset management and investment activities. It serves clients in Japan and through operations in international markets.
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