Daiwa Securities Group (OTCMKTS:DSEEY) Stock Passes Below 200 Day Moving Average – Here’s Why

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.40 and traded as low as $6.81. Daiwa Securities Group shares last traded at $6.90, with a volume of 9,262 shares trading hands.

Daiwa Securities Group Stock 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 has a 50 day moving average of $7.15 and a 200-day moving average of $7.39. The company has a market cap of $11.02 billion, a P/E ratio of 12.10 and a beta of 0.62.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its earnings results on Thursday, August 1st. The financial services provider reported $0.11 earnings per share (EPS) for the quarter. Daiwa Securities Group had a net margin of 9.07% and a return on equity of 6.56%. The company had revenue of $2.15 billion for the quarter.

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.