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

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $8.03, but opened at $7.71. Daiwa Securities Group shares last traded at $7.71, with a volume of 530 shares trading hands.

Daiwa Securities Group Trading Down 4.0%

The company has a market cap of $10.83 billion, a PE ratio of 10.27 and a beta of 0.52. The stock’s 50 day moving average is $7.82 and its 200-day moving average is $7.08. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.67.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $2.20 billion for the quarter. Daiwa Securities Group had a net margin of 11.85% and a return on equity of 8.80%.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.