Daiwa Securities Group (OTCMKTS:DSEEY) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Daiwa Securities Group (OTCMKTS:DSEEY) posted its earnings results on Monday. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01, Zacks reports. Daiwa Securities Group had a return on equity of 7.36% and a net margin of 11.91%.

Daiwa Securities Group Stock Performance

DSEEY opened at $11.25 on Monday. The firm’s fifty day simple moving average is $10.42 and its 200 day simple moving average is $9.98. The stock has a market capitalization of $15.92 billion, a P/E ratio of 13.55 and a beta of 0.49. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.44. Daiwa Securities Group has a 12 month low of $6.84 and a 12 month high of $12.01.

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.