Daiwa Securities Group (OTCMKTS:DSEEY) Issues Quarterly Earnings Results

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) posted its quarterly earnings results on Monday. The financial services provider reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.02), Zacks reports. Daiwa Securities Group had a return on equity of 8.92% and a net margin of 11.77%. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.12 billion.

Daiwa Securities Group Stock Performance

Shares of OTCMKTS DSEEY traded down $0.36 during trading on Friday, reaching $6.31. 20,528 shares of the stock traded hands, compared to its average volume of 7,713. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market capitalization of $8.86 billion, a P/E ratio of 8.30 and a beta of 0.54. Daiwa Securities Group has a 52-week low of $5.52 and a 52-week high of $8.49. The company has a 50-day moving average of $6.65 and a 200-day moving average of $6.69.

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.