Daiwa Securities Group (OTCMKTS:DSEEY) Hits New 12-Month High – Here’s Why

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEYGet Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $11.36 and last traded at $11.36, with a volume of 1433 shares trading hands. The stock had previously closed at $10.89.

Daiwa Securities Group Price Performance

The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market cap of $15.73 billion, a price-to-earnings ratio of 13.40 and a beta of 0.49. The company’s fifty day moving average is $9.82 and its two-hundred day moving average is $9.74.

Daiwa Securities Group (OTCMKTS:DSEEYGet Free Report) last announced its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. Daiwa Securities Group had a net margin of 11.91% and a return on equity of 7.36%. The firm had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.40 billion.

About Daiwa Securities Group

(Get Free Report)

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.

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