Daiwa Securities Group (OTCMKTS:DSEEY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw an uptick in trading volume on Friday. Approximately 31,387 shares were traded during mid-day trading, an increase of 10% from the average daily volume of 28,513 shares. The stock last traded at $10.8080 and had previously closed at $10.8180.

Daiwa Securities Group Trading Down 4.8%

The business’s 50-day moving average price is $11.43 and its two-hundred day moving average price is $10.43. The company has a market capitalization of $15.20 billion, a P/E ratio of 11.55 and a beta of 0.52. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.10 and a quick ratio of 1.10.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results on Friday, October 30th. The financial services provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). Daiwa Securities Group had a return on equity of 8.39% and a net margin of 12.72%.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a Japanese financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides securities and investment services to individual, corporate and institutional clients, with activities spanning brokerage, investment banking, asset management and wealth management.

The group’s businesses include retail securities brokerage, equity and fixed-income underwriting, mergers and acquisitions advisory, sales and trading, research, and investment management.