Daiwa Securities Group (OTCMKTS:DSEEY) Stock Price Up 8.5% - Should You Buy?

Key Points

• Daiwa Securities Group Inc. shares rose by 8.5% on Wednesday, trading at $8.54 after previously closing at $7.87, despite a significant decline in volume.
• The company reported $0.14 earnings per share for the last quarter, exceeding analyst expectations of $0.13, and achieved a revenue of $2.20 billion.
• Daiwa Securities has a market capitalization of $11.56 billion and maintains a debt-to-equity ratio of 1.69 and a net margin of 11.85%.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) shares traded up 8.5% on Wednesday . The company traded as high as $8.54 and last traded at $8.54. 1,563 shares were traded during trading, a decline of 84% from the average session volume of 10,029 shares. The stock had previously closed at $7.87.

Daiwa Securities Group Trading Up 4.5%

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 market capitalization of $11.56 billion, a PE ratio of 10.97 and a beta of 0.54. The firm's fifty day moving average is $7.43 and its two-hundred day moving average is $6.94.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The firm had revenue of $2.20 billion for 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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