Daiwa Securities Group (OTCMKTS:DSEEY) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.34 and traded as low as $6.50. Daiwa Securities Group shares last traded at $6.78, with a volume of 7,064 shares trading hands.

Daiwa Securities Group Stock Up 5.3 %

The firm has a market cap of $10.64 billion, a P/E ratio of 9.97 and a beta of 0.62. The firm’s 50-day moving average price is $7.06 and its 200 day moving average price is $7.34. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.80.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its earnings results on Tuesday, October 29th. The financial services provider reported $0.27 EPS for the quarter. The firm had revenue of $2.38 billion during 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.