As of Friday close, Nomura Holdings Inc.’s (NYSE:NMR) stock was down -$0.03, moving down -0.69 percent to $4.30. The average number of shares traded per day over the past five days has been 3,858,980 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.08 fall in that time frame. In the last twenty days, the average volume was 2,921,875, while in the previous 50 days, it was 1,735,328.
Since last month, NMR stock rose 13.76%. Shares of the company fell to $3.74 on 08/23/23, the lowest level in the past month. A 52-week high of $4.47 was reached on 09/19/23 after having rallying from a 52-week low of $2.99. Since the beginning of this year, NMR’s stock price has risen by 14.67% or $0.55, and marked a new high 17 times. However, the stock has declined by -3.80% since its 52-week high.
NMR stock investors should be aware that Nomura Holdings Inc. (NMR) stock had its last reported insider trading activity 236 days ago on Jan 30. NOMURA SECURITIES INTERNATIONA, the 10% Owner of the company, disposed of 7,986 shares for $1.15 on Jan 30. It resulted in a $9,184 divestment by the insider.
Valuation Metrics
Right now, Nomura Holdings Inc. (NMR) has a P/E ratio of about 17.27. The stock’s beta is 0.67. Besides these, the trailing price-to-sales (P/S) ratio of 0.67, the price-to-book (PB) ratio of 0.59.
Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 3.36, and the total debt-to-equity ratio was 9.89. On the profitability front, the trailing twelve-month gross margin is 46.60% percent. In the recent year, operating margins totaled 6.20%. Based on annual data, NMR earned $2.47 billion in gross profit and brought in $18.4 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.30%. Return on equity (ROE) for the past 12 months was 3.60%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. NMR’s revenue rose 31.57% during the quarter, while net income inched up to $17.23 billion. During the quarter, the company generated $4.63 billion in EBITDA.
Technical Picture
This quick technical analysis looks at Nomura Holdings Inc.’s (NMR) price momentum. With a historical volatility rate of 23.69%, the RSI 9-day stood at 62.06% on 22 September.
With respect to its five-day moving average, the current Nomura Holdings Inc. price is down by -1.83% percent or -$0.08. At present, NMR shares trade +14.36% above its 20-day simple moving average and +21.13% percent above its 100-day simple moving average. However, the stock is currently trading approximately +7.50% above its SMA50 and +19.11% above its SMA200.
Stochastic coefficient K was 74.16% and Stochastic coefficient D was 83.90%, while ATR was 0.07. Given the Stochastic reading of 65.31% for the 14-day period, the RSI (14) reading has been calculated as 64.68%.
Analyst Ratings
Nomura Holdings Inc. downgraded its rating on Nomura Holdings Inc. (NYSE: NMR) to a Hold in a note to investors on January 25, 2023. The analysts firm previously had a Buy rating on the stock.Nomura Holdings Inc. (NMR) has been rated Hold by analysts. According to 0 brokerage firms, NMR is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Nomura Holdings Inc. stock as buy, with 0 recommending it as overweight.
With a median target price of $4.05, the current consensus forecast for the stock is $3.70 – $4.32. Based on these forecasts, analysts predict Nomura Holdings Inc. (NMR) will achieve an average price target of $4.01.
