Daiwa Securities Group (OTCMKTS:DSEEY) Share Price Passes Below 200 Day Moving Average – What’s Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.75 and traded as low as $5.94. Daiwa Securities Group shares last traded at $6.01, with a volume of 8,264 shares traded.

Daiwa Securities Group Trading Up 3.1 %

The stock has a market capitalization of $8.44 billion, a P/E ratio of 7.91 and a beta of 0.55. The stock’s 50 day moving average price is $6.80 and its 200-day moving average price is $6.75. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.74.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results on Friday, January 31st. The financial services provider reported $0.20 earnings per share (EPS) for the quarter. Daiwa Securities Group had a return on equity of 8.92% and a net margin of 11.77%.

About Daiwa Securities Group

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.