Nomura (NYSE:NMR) Issues Quarterly Earnings Results

Nomura (NYSE:NMR) released its earnings results on Wednesday. The financial services provider reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08, Zacks reports. Nomura had a return on equity of 7.93% and a net margin of 6.91%.

Nomura Stock Performance

Shares of NMR stock traded up $0.52 on Wednesday, reaching $6.98. The stock had a trading volume of 428,063 shares, compared to its average volume of 575,330. The company has a debt-to-equity ratio of 7.19, a quick ratio of 1.11 and a current ratio of 1.11. Nomura has a 1 year low of $4.66 and a 1 year high of $6.99. The stock has a market cap of $20.72 billion, a P/E ratio of 11.82, a price-to-earnings-growth ratio of 0.43 and a beta of 0.66. The company has a 50 day simple moving average of $5.98 and a 200 day simple moving average of $5.70.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. StockNews.com upgraded shares of Nomura from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th. Bank of America assumed coverage on Nomura in a research report on Tuesday, October 22nd. They set a “neutral” rating on the stock.

About Nomura

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.