Daiwa Securities Group (OTCMKTS:DSEEY) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Daiwa Securities Group Inc. (OTCMKTS:DSEEY)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.75 and traded as low as $5.94. Daiwa Securities Group shares last traded at $6.01, with a volume of 8,264 shares traded.

Daiwa Securities Group Price Performance

The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.74. The business has a 50-day moving average of $6.80 and a 200 day moving average of $6.75. The firm has a market capitalization of $8.44 billion, a PE ratio of 7.91 and a beta of 0.55.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results 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 8.92%.

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.