Daiwa Securities Group (OTCMKTS:DSEEY) Sees Large Volume Increase – Should You Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw unusually-strong trading volume on Tuesday . Approximately 43,928 shares traded hands during mid-day trading, an increase of 52% from the previous session’s volume of 28,913 shares.The stock last traded at $11.5480 and had previously closed at $11.12.

Daiwa Securities Group Stock Down 0.1%

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 firm has a 50-day simple moving average of $10.16 and a two-hundred day simple moving average of $9.88. The company has a market cap of $16.27 billion, a PE ratio of 13.86 and a beta of 0.49.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The business had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.40 billion. Daiwa Securities Group had a return on equity of 7.36% and a net margin of 11.91%.

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.