Daiwa Securities Group (OTCMKTS:DSEEY) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Daiwa Securities Group Inc. (OTCMKTS:DSEEY) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.68 and traded as high as $7.05. Daiwa Securities Group shares last traded at $7.05, with a volume of 8,632 shares changing hands.

Daiwa Securities Group Stock Performance

The stock has a market capitalization of $9.90 billion, a P/E ratio of 9.28 and a beta of 0.61. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.75. The company has a 50-day moving average price of $6.68 and a two-hundred day moving average price of $6.91.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $0.20 EPS for the quarter. Daiwa Securities Group had a net margin of 11.77% and a return on equity of 9.03%.

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.