Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Up - What's Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $6.90, but opened at $7.22. Daiwa Securities Group shares last traded at $7.22, with a volume of 380 shares trading hands.

Daiwa Securities Group Stock Performance

The firm has a market capitalization of $9.79 billion, a PE ratio of 9.81 and a beta of 0.53. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a fifty day moving average price of $6.77 and a 200 day moving average price of $6.72.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last announced its earnings results on Monday, April 28th. The financial services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). Daiwa Securities Group had a net margin of 11.30% and a return on equity of 8.59%. The company had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.12 billion.

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.