Nomura (NYSE:NMR) Shares Gap Down – Time to Sell?

Shares of Nomura Holdings, Inc. (NYSE:NMRGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $6.61, but opened at $6.44. Nomura shares last traded at $6.43, with a volume of 136,987 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th.

Get Our Latest Research Report on Nomura

Nomura Trading Down 3.3 %

The business’s 50-day simple moving average is $6.50 and its two-hundred day simple moving average is $5.94. The company has a debt-to-equity ratio of 7.52, a current ratio of 1.17 and a quick ratio of 1.11. The stock has a market capitalization of $19.00 billion, a price-to-earnings ratio of 9.14, a PEG ratio of 0.30 and a beta of 0.60.

Nomura (NYSE:NMRGet Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%. On average, research analysts anticipate that Nomura Holdings, Inc. will post 0.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nomura

Institutional investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in shares of Nomura during the third quarter valued at approximately $25,000. R Squared Ltd acquired a new stake in Nomura in the fourth quarter worth $26,000. Adero Partners LLC bought a new stake in Nomura in the fourth quarter valued at $59,000. Savant Capital LLC acquired a new position in shares of Nomura during the fourth quarter valued at $59,000. Finally, Cannell & Spears LLC acquired a new position in shares of Nomura during the fourth quarter valued at $73,000. 15.14% of the stock is currently owned by institutional investors.

Nomura Company Profile

(Get Free Report)

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.

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