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

Nomura logo with Finance background

Nomura Holdings, Inc. (NYSE:NMR - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $6.18, but opened at $6.05. Nomura shares last traded at $6.06, with a volume of 40,040 shares trading hands.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Nomura from a "buy" rating to a "hold" rating in a report on Monday, April 28th.

Check Out Our Latest Stock Report on Nomura

Nomura Stock Performance

The company's 50-day moving average is $5.71 and its two-hundred day moving average is $6.04. The company has a quick ratio of 1.11, a current ratio of 1.17 and a debt-to-equity ratio of 7.52. The company has a market cap of $18.12 billion, a P/E ratio of 8.71, a price-to-earnings-growth ratio of 0.30 and a beta of 0.77.

Nomura (NYSE:NMR - Get Free Report) last released its earnings results on Friday, April 25th. The financial services provider reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.03). The company had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $451.20 billion. Nomura had a net margin of 7.96% and a return on equity of 9.19%. Equities analysts predict that Nomura Holdings, Inc. will post 0.76 EPS for the current year.

Institutional Trading of Nomura

Large investors have recently bought and sold shares of the company. Focus Partners Wealth raised its stake in Nomura by 38.4% in the 1st quarter. Focus Partners Wealth now owns 22,574 shares of the financial services provider's stock valued at $139,000 after acquiring an additional 6,268 shares during the period. RNC Capital Management LLC bought a new stake in Nomura during the 1st quarter valued at $313,000. Goldman Sachs Group Inc. lifted its position in shares of Nomura by 6.7% during the first quarter. Goldman Sachs Group Inc. now owns 4,617,888 shares of the financial services provider's stock worth $28,400,000 after acquiring an additional 289,984 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Nomura by 12.5% in the first quarter. AQR Capital Management LLC now owns 289,538 shares of the financial services provider's stock valued at $1,781,000 after purchasing an additional 32,206 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC bought a new stake in shares of Nomura during the 1st quarter valued at $71,000. 15.14% of the stock is owned by hedge funds and other 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.

See Also

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