Daiwa Securities Group (OTCMKTS:DSEEY) Sets New 52-Week High - What's Next?

Key Points

• Daiwa Securities Group Inc. (OTCMKTS:DSEEY) reached a new 52-week high of $8.09 during trading, with trading volume of 2056 shares.
• The company reported a Q2 EPS of $0.14, which exceeded analysts' expectations of $0.13, on revenue of $2.20 billion.
• Daiwa Securities Group has a market capitalization of $11.37 billion and continues to operate primarily as a securities broker-dealer.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $8.09 and last traded at $8.09, with a volume of 2056 shares changing hands. The stock had previously closed at $7.87.

Daiwa Securities Group Price Performance

The company's fifty day moving average is $7.29 and its two-hundred day moving average is $6.90. The firm has a market capitalization of $11.07 billion, a price-to-earnings ratio of 10.51 and a beta of 0.51. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.69.

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

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.