Daiwa Securities Group (OTCMKTS:DSEEY) Shares Down 4.4% - Should You Sell?

Key Points

• Daiwa Securities Group's stock declined by 4.4%, closing at $7.86 after hitting a low of the same price, with trading volume down significantly at 538 shares compared to an average of 10,046 shares.
• The firm's latest quarterly earnings showed an earnings per share of $0.14, surpassing the estimate of $0.13, with a reported revenue of $2.20 billion.
• Daiwa Securities Group holds a market capitalization of $11.52 billion and has a debt-to-equity ratio of 1.69, indicating its financial leverage position.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report)'s stock price traded down 4.4% on Thursday . The stock traded as low as $7.86 and last traded at $7.86. 538 shares traded hands during trading, a decline of 95% from the average session volume of 10,046 shares. The stock had previously closed at $8.23.

Daiwa Securities Group Stock Performance

The firm has a market capitalization of $11.52 billion, a price-to-earnings ratio of 10.93 and a beta of 0.54. The company has a fifty day moving average of $7.46 and a two-hundred day moving average of $6.95. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.12 and a current ratio of 1.12.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last announced its quarterly earnings data 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 firm 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%.

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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