Daiwa Securities Group (OTCMKTS:DSEEY) Sets New 1-Year High - Here's What Happened

Key Points

• Daiwa Securities Group reached a new 12-month high of $7.87 during trading, with a modest volume of 298 shares. The stock price rose 3.9% from the previous close of $7.57.
• The financial services provider reported $0.14 EPS for the latest quarter, surpassing the consensus estimate of $0.13, alongside a revenue of $2.20 billion.
• Daiwa Securities Group has a market capitalization of $11.06 billion and maintains a debt-to-equity ratio of 1.69, indicating moderate leverage.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report)'s stock price reached a new 52-week high on Monday . The company traded as high as $7.87 and last traded at $7.87, with a volume of 298 shares. The stock had previously closed at $7.57.

Daiwa Securities Group Trading Up 3.3%

The company has a market capitalization of $10.71 billion, a PE ratio of 10.16 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. The stock's 50 day moving average is $7.07 and its two-hundred day moving average is $6.84.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The business 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

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.