Daiwa Securities Group (OTCMKTS:DSEEY) Sets New 1-Year High – Here’s Why

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $10.30 and last traded at $9.97, with a volume of 1610 shares changing hands. The stock had previously closed at $9.67.

Daiwa Securities Group Stock Performance

The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.52. The business has a 50 day moving average price of $9.13 and a two-hundred day moving average price of $8.29. The stock has a market cap of $14.11 billion, a P/E ratio of 13.47 and a beta of 0.52.

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