Daiwa Securities Group (OTCMKTS:DSEEY) Reaches New 52-Week High - Here's What Happened

Key Points

• Daiwa Securities Group shares reached a new 52-week high at $8.28, reflecting a 2.4% increase in stock value.
• The company reported $0.14 earnings per share for the most recent quarter, surpassing analysts' expectations of $0.13.
• Daiwa Securities Group holds a market capitalization of $11.66 billion and has a debt-to-equity ratio of 1.69.

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $8.28 and last traded at $8.28, with a volume of 2593 shares trading hands. The stock had previously closed at $8.11.

Daiwa Securities Group Stock Up 2.4%

The company has a market capitalization of $11.66 billion, a P/E ratio of 11.07 and a beta of 0.54. The stock has a 50 day moving average price of $7.39 and a 200 day moving average price of $6.93. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.69.

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

About Daiwa Securities Group

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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