Daiwa Securities Group (OTCMKTS:DSEEY) Sets New 1-Year High – What’s Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $78.48 and last traded at $78.48, with a volume of 124622 shares changing hands. The stock had previously closed at $9.98.

Daiwa Securities Group Stock Down 3.0%

The company has a market cap of $13.80 billion, a price-to-earnings ratio of 13.36 and a beta of 0.51. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.10 and a current ratio of 1.10. The stock’s fifty day moving average is $9.04 and its two-hundred day moving average is $8.23.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.02). The company 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 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.