Daiwa Securities Group (OTCMKTS:DSEEY) Reaches New 52-Week High – Should You Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $9.21 and last traded at $9.21, with a volume of 287 shares changing hands. The stock had previously closed at $8.6185.

Daiwa Securities Group Stock Performance

The business has a 50 day moving average price of $8.20 and a two-hundred day moving average price of $7.74. The stock has a market cap of $12.94 billion, a P/E ratio of 12.62 and a beta of 0.51. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.52.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings data on Tuesday, November 4th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.02). Daiwa Securities Group had a net margin of 11.23% and a return on equity of 7.00%. The company had revenue of $2.44 billion for the quarter.

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.