Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down - Here's What Happened

Key Points

• Shares gapped down — Daiwa closed at $9.90 and opened at $9.23, last trading at $9.585 with just 1,154 shares changing hands.
• Quarterly beat on EPS and revenue — the company reported $0.22 EPS versus $0.18 expected and revenue of $2.42 billion versus $1.70 billion consensus, with a net margin of 10.93% and ROE of 7.01%.
• Key valuation and balance-sheet figures — market cap ≈ $13.56 billion, P/E ~12.95, debt-to-equity 1.44, and 50- and 200-day moving averages at $9.87 and $9.08.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $9.90, but opened at $9.23. Daiwa Securities Group shares last traded at $9.5850, with a volume of 1,154 shares changing hands.

Daiwa Securities Group Stock Up 0.4%

The firm has a market cap of $13.56 billion, a PE ratio of 12.95 and a beta of 0.54. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.10 and a current ratio of 1.10. The company's 50-day simple moving average is $9.87 and its two-hundred day simple moving average is $9.08.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last announced its quarterly earnings results on Monday, February 2nd. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.04. Daiwa Securities Group had a net margin of 10.93% and a return on equity of 7.01%. The business had revenue of $2.42 billion during the quarter, compared to analysts' expectations of $1.70 billion.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group's core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.

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