Nomadar (NASDAQ:NOMA) Posts Earnings Results

Nomadar (NASDAQ:NOMA) posted its quarterly earnings results on Tuesday. The company reported ($0.09) earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $0.04 million for the quarter.

Nomadar Stock Up 1.2%

NOMA stock traded up $0.05 during trading on Wednesday, hitting $4.25. The company had a trading volume of 1,795 shares, compared to its average volume of 110,820. The firm has a 50 day moving average price of $4.41. The company has a market capitalization of $53.87 million and a price-to-earnings ratio of -150.67. Nomadar has a fifty-two week low of $3.10 and a fifty-two week high of $57.70.

Hedge Funds Weigh In On Nomadar

Several hedge funds have recently modified their holdings of the company. Millennium Management LLC bought a new position in Nomadar during the fourth quarter valued at about $255,000. Clear Street Group Inc. acquired a new stake in Nomadar in the 4th quarter valued at about $72,000. Finally, Geode Capital Management LLC bought a new position in shares of Nomadar during the 4th quarter valued at about $173,000.

Wall Street Analyst Weigh In

NOMA has been the topic of a number of recent research reports. Wall Street Zen downgraded shares of Nomadar from a “hold” rating to a “sell” rating in a research report on Saturday, December 6th. Weiss Ratings assumed coverage on shares of Nomadar in a research note on Wednesday, January 28th. They set a “sell (e-)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Nomadar Company Profile

We are the innovation arm of Cádiz CF, a professional soccer club which currently competes in the Segunda División. We currently have four proposed business verticals, which are in various stages of development. Through June 30, 2025, the Company had engaged in limited operations until 2025 when the Company began generating revenue from providing services under commercial contracts and purchase orders entered into in the ordinary course of business. On January 10, 2025, the Company entered into a framework agreement with Cádiz CF, whereby, among other things, Cádiz CF agreed to provide technical training staff for players enrolled in the Company’s programs, and the Company agreed to integrate the Company’s training methodologies into Cádiz CF’s training sessions (the “Framework Agreement”).