Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down – Here’s What Happened

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEYGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $9.4396, but opened at $9.1038. Daiwa Securities Group shares last traded at $9.4250, with a volume of 3,120 shares trading hands.

Daiwa Securities Group Stock Performance

The stock has a market cap of $13.34 billion, a P/E ratio of 12.74 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’s 50-day moving average price is $9.90 and its 200-day moving average price is $8.97.

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

About Daiwa Securities Group

(Get Free Report)

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.

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