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

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.83 and traded as low as $6.15. Daiwa Securities Group shares last traded at $6.36, with a volume of 3,528 shares trading hands.

Daiwa Securities Group Trading Down 3.5 %

The company has a market capitalization of $8.63 billion, a PE ratio of 8.08 and a beta of 0.55. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.12 and a quick ratio of 1.12. The company’s fifty day moving average is $6.97 and its 200-day moving average is $6.82.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results on Friday, January 31st. The financial services provider reported $0.20 earnings per share (EPS) for the quarter. Daiwa Securities Group had a return on equity of 8.92% and a net margin of 11.77%.

About Daiwa Securities Group

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.