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Daiwa Securities Group (OTCMKTS:DSEEY) Reaches New 1-Year High - Still a Buy?

Daiwa Securities Group logo with Finance background

Key Points

  • Daiwa Securities Group's stock reached a new 52-week high of $8.14, increasing by 3.2% during trading.
  • The company's latest earnings report showed an EPS of $0.14, surpassing analysts' expectations of $0.13, with a revenue of $2.20 billion for the quarter.
  • Daiwa Securities operates primarily as a securities broker-dealer in Japan and internationally, with segments including Retail, Wholesale, Asset Management, and Investment.
  • MarketBeat previews the top five stocks to own by October 1st.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $8.14 and last traded at $8.14, with a volume of 20789 shares changing hands. The stock had previously closed at $7.88.

Daiwa Securities Group Stock Performance

The firm's 50-day moving average price is $7.39 and its 200-day moving average price is $6.93. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market cap of $11.39 billion, a P/E ratio of 10.81 and a beta of 0.54.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The financial services provider reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.01. The company had revenue of $2.20 billion during the quarter. Daiwa Securities Group had a net margin of 11.85% and a return on equity of 8.89%.

Daiwa Securities Group Company Profile

(Get Free Report)

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.

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