Daiwa Securities Group (OTCMKTS:DSEEY) Reaches New 12-Month High – Still a Buy?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) hit a new 52-week high on Friday . The company traded as high as $11.36 and last traded at $11.36, with a volume of 1433 shares traded. The stock had previously closed at $10.89.

Daiwa Securities Group Price Performance

The firm has a market capitalization of $15.71 billion, a P/E ratio of 13.37 and a beta of 0.49. 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 firm has a 50-day moving average of $9.85 and a 200-day moving average of $9.74.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its earnings results on Monday, April 27th. The financial services provider reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. Daiwa Securities Group had a return on equity of 7.36% and a net margin of 11.91%.The business had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.40 billion.

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.