Daiwa Securities Group (OTCMKTS:DSEEY) Hits New 1-Year High – Should You Buy?

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $9.04 and last traded at $9.04, with a volume of 56036 shares trading hands. The stock had previously closed at $8.5250.

Daiwa Securities Group Stock Performance

The stock’s 50-day simple moving average is $8.07 and its 200 day simple moving average is $7.64. The stock has a market capitalization of $12.35 billion, a price-to-earnings ratio of 12.04 and a beta of 0.51. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.52.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.13 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.02). The firm had revenue of $2.44 billion for the quarter. Daiwa Securities Group had a net margin of 11.23% and a return on equity of 7.00%.

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.