Daiwa Securities Group (OTCMKTS:DSEEY) Sees Strong Trading Volume – Here’s Why

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares saw strong trading volume on Monday . 40,305 shares were traded during mid-day trading, an increase of 90% from the previous session’s volume of 21,189 shares.The stock last traded at $9.4750 and had previously closed at $9.4396.

Daiwa Securities Group Trading Up 1.6%

The firm has a market cap of $13.85 billion, a price-to-earnings ratio of 13.23 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 business has a fifty day moving average of $9.90 and a two-hundred day moving average of $8.98.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings results on Monday, February 2nd. The financial services provider reported $0.22 earnings per share 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 business had revenue of $2.42 billion for the quarter, compared to analysts’ expectations 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.