Nomura (NYSE:NMR) Shares Gap Down to $6.13

Nomura Holdings, Inc. (NYSE:NMR - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $6.13, but opened at $5.95. Nomura shares last traded at $5.91, with a volume of 189,720 shares changing hands.

Wall Street Analyst Weigh In

Separately, Bank of America upgraded shares of Nomura from a "neutral" rating to a "buy" rating in a research note on Thursday, January 25th.

Nomura Stock Down 3.4 %

The business's 50 day moving average is $5.99 and its 200-day moving average is $4.94. The company has a debt-to-equity ratio of 6.65, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market capitalization of $17.78 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 0.40 and a beta of 0.67.

Nomura (NYSE:NMR - Get Free Report) last posted its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. The company had revenue of $7.32 billion for the quarter. Nomura had a net margin of 3.49% and a return on equity of 3.44%. During the same quarter in the prior year, the business earned $0.15 earnings per share. Equities analysts anticipate that Nomura Holdings, Inc. will post 0.33 EPS for the current fiscal year.

Institutional Trading of Nomura

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Citigroup Inc. grew its position in Nomura by 29.1% in the 3rd quarter. Citigroup Inc. now owns 13,292 shares of the financial services provider's stock worth $53,000 after purchasing an additional 2,995 shares during the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Nomura during the 3rd quarter worth about $2,273,000. Bruce G. Allen Investments LLC bought a new position in shares of Nomura during the 4th quarter worth about $29,000. Natixis Advisors L.P. lifted its holdings in shares of Nomura by 6.2% during the 3rd quarter. Natixis Advisors L.P. now owns 203,898 shares of the financial services provider's stock worth $820,000 after acquiring an additional 11,838 shares during the period. Finally, QRG Capital Management Inc. bought a new position in shares of Nomura during the 3rd quarter worth about $544,000. 15.14% of the stock is currently owned by institutional investors and hedge funds.

Nomura Company Profile

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.