Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down – What’s Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $9.60, but opened at $9.0840. Daiwa Securities Group shares last traded at $9.0840, with a volume of 457 shares traded.

Daiwa Securities Group Stock Down 2.9%

The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $13.00 billion, a price-to-earnings ratio of 12.41 and a beta of 0.51. The firm has a 50 day moving average price of $9.91 and a two-hundred day moving average price of $8.84.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its earnings results on Monday, February 2nd. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. Daiwa Securities Group had a net margin of 10.93% and a return on equity of 7.01%. The firm had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $1.70 billion.

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.