Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Up – Should You Buy?

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEYGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $11.75, but opened at $12.0950. Daiwa Securities Group shares last traded at $12.1050, with a volume of 14,434 shares trading hands.

Daiwa Securities Group Trading Up 3.0%

The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.44. The stock’s 50 day moving average is $11.35 and its two-hundred day moving average is $10.26. The company has a market capitalization of $17.13 billion, a PE ratio of 13.02 and a beta of 0.48.

Daiwa Securities Group (OTCMKTS:DSEEYGet Free Report) last posted its quarterly earnings results on Monday, August 3rd. The financial services provider reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.46%. The business had revenue of $2.77 billion during the quarter, compared to analyst estimates of $1.34 billion.

About Daiwa Securities Group

(Get Free Report)

Daiwa Securities Group Inc is a Japan-based financial services holding company and the parent of Daiwa Securities and other businesses. The group provides investment and financial solutions to individual investors, corporations, financial institutions, governments and other institutional clients.

Its principal activities include retail securities brokerage, investment banking, underwriting and sales of equities and bonds, mergers and acquisitions advisory, institutional sales and trading, investment research, and asset management.

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