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

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) shares gapped down prior to trading on Friday. The stock had previously closed at $11.60, but opened at $11.15. Daiwa Securities Group shares last traded at $11.33, with a volume of 4,819 shares.

Daiwa Securities Group Stock Down 1.6%

The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market capitalization of $15.98 billion, a P/E ratio of 12.14 and a beta of 0.52. The stock has a fifty day moving average price of $11.56 and a two-hundred day moving average price of $10.48.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.39%. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $1.34 billion.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a Japanese financial services holding company headquartered in Tokyo. Founded in 1902, the group operates through subsidiaries that provide securities, investment banking, asset management and related financial services to individual, corporate and institutional clients.

Its businesses include retail brokerage, wealth management, equity and fixed-income trading, underwriting and advisory services, and investment management. The group also offers banking, research, asset servicing and other financial solutions, with services spanning public and private markets.

Daiwa Securities Group primarily serves clients in Japan while maintaining an international presence through subsidiaries and offices across Asia, Europe and the Americas.