Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down – What’s Next?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $10.01, but opened at $9.53. Daiwa Securities Group shares last traded at $9.53, with a volume of 602 shares.

Daiwa Securities Group Stock Down 0.3%

The firm has a market capitalization of $13.19 billion, a price-to-earnings ratio of 12.60 and a beta of 0.51. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10. The stock has a fifty day moving average of $9.90 and a two-hundred day moving average of $8.93.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings data on Monday, February 2nd. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. Daiwa Securities Group had a return on equity of 7.01% and a net margin of 10.93%.The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $1.70 billion.

About Daiwa Securities Group

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.