Daiwa Securities Group (OTCMKTS:DSEEY) Sets New 52-Week High - Here's Why

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.

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 $8.28 and last traded at $8.28, with a volume of 2593 shares traded. The stock had previously closed at $8.11.

Daiwa Securities Group Stock Performance

The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.69. The stock's 50 day moving average price is $7.51 and its two-hundred day moving average price is $6.97. The firm has a market capitalization of $11.52 billion, a price-to-earnings ratio of 10.93 and a beta of 0.54.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $0.14 EPS for the quarter, topping the consensus estimate of $0.13 by $0.01. The business had revenue of $2.20 billion for 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.