Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down – Should You Sell?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) gapped down prior to trading on Thursday . The stock had previously closed at $11.2430, but opened at $10.4783. Daiwa Securities Group shares last traded at $10.4783, with a volume of 116 shares changing hands.

Daiwa Securities Group Trading Down 3.9%

The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.52. The stock has a 50-day simple moving average of $9.35 and a 200 day simple moving average of $8.41. The company has a market cap of $15.30 billion, a price-to-earnings ratio of 14.61 and a beta of 0.52.

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

Daiwa Securities Group Company Profile

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.