Daiwa Securities Group (OTCMKTS:DSEEY) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $6.62 and traded as high as $6.79. Daiwa Securities Group shares last traded at $6.16, with a volume of 9,292 shares changing hands.

Daiwa Securities Group Price Performance

The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.80. The firm’s fifty day moving average price is $6.62 and its 200 day moving average price is $7.08. The stock has a market cap of $9.19 billion, a PE ratio of 9.62 and a beta of 0.60.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $0.27 EPS for the quarter. The business had revenue of $2.38 billion for the quarter. Daiwa Securities Group had a net margin of 10.47% and a return on equity of 8.23%.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.