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Daiwa Securities Group (OTCMKTS:DSEEY) Sees Strong Trading Volume - Still a Buy?

Daiwa Securities Group logo with Finance background

Key Points

  • Daiwa Securities Group experienced a significant increase in trading volume, with 37,377 shares traded, marking a 297% rise from the previous session.
  • The company's earnings per share for the last quarter was reported at $0.14, surpassing the consensus estimate of $0.13 and resulting in a return on equity of 8.80%.
  • Despite the recent uptick in trading volume, Daiwa Securities Group's stock price fell 1.6% to $7.99 from its previous close of $8.12.
  • Interested in Daiwa Securities Group? Here are five stocks we like better.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) saw an uptick in trading volume on Tuesday . 37,377 shares were traded during trading, an increase of 297% from the previous session's volume of 9,416 shares.The stock last traded at $7.99 and had previously closed at $8.12.

Daiwa Securities Group Trading Down 1.6%

The company has a market cap of $11.23 billion, a PE ratio of 10.65 and a beta of 0.52. The stock has a fifty day moving average of $7.83 and a 200-day moving average of $7.09. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.12 and a current ratio of 1.12.

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, topping the consensus estimate of $0.13 by $0.01. Daiwa Securities Group had a return on equity of 8.80% and a net margin of 11.85%.The business had revenue of $2.20 billion during the quarter.

About Daiwa Securities Group

(Get Free Report)

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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