Daiwa Securities Group (OTCMKTS:DSEEY) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.62 and traded as high as $6.79. Daiwa Securities Group shares last traded at $6.16, with a volume of 9,292 shares.

Daiwa Securities Group Stock Down 6.8 %

The company has a debt-to-equity ratio of 1.80, a current ratio of 1.12 and a quick ratio of 1.12. The business’s fifty day moving average price is $6.62 and its two-hundred day moving average price is $7.09. The stock has a market capitalization of $8.65 billion, a PE ratio of 9.06 and a beta of 0.60.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $0.27 earnings per share for the quarter. Daiwa Securities Group had a return on equity of 8.23% and a net margin of 10.47%. The business had revenue of $2.38 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.