Nomura (NYSE:NMR) Shares Gap Down – What’s Next?

Nomura Holdings, Inc. (NYSE:NMR)’s stock price gapped down before the market opened 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.

Wall Street Analysts Forecast Growth

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

Nomura Stock Down 3.4 %

The firm has a market cap of $18.97 billion, a price-to-earnings ratio of 9.12, a PEG ratio of 0.30 and a beta of 0.60. The business has a fifty day simple moving average of $6.51 and a 200 day simple moving average of $5.95. The company has a debt-to-equity ratio of 7.52, a current ratio of 1.17 and a quick ratio of 1.11.

Nomura (NYSE:NMR) last announced its quarterly earnings data on Wednesday, February 5th. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%. As a group, equities analysts forecast that Nomura Holdings, Inc. will post 0.76 EPS for the current fiscal year.

Institutional Trading of Nomura

Several large investors have recently bought and sold shares of NMR. R Squared Ltd acquired a new position in shares of Nomura during the 4th quarter worth approximately $26,000. Wilmington Savings Fund Society FSB purchased a new stake in Nomura in the 3rd quarter valued at $25,000. Adero Partners LLC acquired a new stake in shares of Nomura in the 4th quarter worth $59,000. Savant Capital LLC purchased a new position in shares of Nomura during the 4th quarter worth $59,000. Finally, Cannell & Spears LLC acquired a new position in shares of Nomura during the 4th quarter valued at about $73,000. Hedge funds and other institutional investors own 15.14% of the company’s 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.