Daiwa Securities Group (OTCMKTS:DSEEY) Sees Large Volume Increase - Should You Buy?

Key Points

• Daiwa Securities Group saw a significant trading volume increase of 268%, with 36,789 shares traded on Wednesday compared to 10,005 shares previously.
• The company reported earnings of $0.14 per share, exceeding analysts' expectations of $0.13, along with a revenue of $2.20 billion for the quarter.
• Daiwa Securities Group has a market capitalization of $10.37 billion and a PE ratio of 9.84, indicating a potentially attractive investment opportunity.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) saw strong trading volume on Wednesday . 36,789 shares traded hands during mid-day trading, an increase of 268% from the previous session's volume of 10,005 shares.The stock last traded at $7.66 and had previously closed at $7.77.

Daiwa Securities Group Price Performance

The business has a fifty day moving average price of $7.05 and a 200-day moving average price of $6.83. 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 has a market capitalization of $10.37 billion, a PE ratio of 9.84 and a beta of 0.51.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last issued 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 return on equity of 8.89% and a net margin of 11.85%.

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.

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