Nomura (NYSE:NMR) Upgraded at StockNews.com

StockNews.com upgraded shares of Nomura (NYSE:NMR) from a hold rating to a buy rating in a research report report published on Wednesday.

Several other equities research analysts have also recently commented on the stock. JPMorgan Chase & Co. initiated coverage on shares of Nomura in a research report on Thursday, August 29th. They set a “neutral” rating for the company. Bank of America started coverage on shares of Nomura in a report on Tuesday, October 22nd. They set a “neutral” rating for the company.

Nomura Stock Down 1.2 %

Shares of NMR opened at $5.94 on Wednesday. The business’s fifty day moving average price is $5.67 and its two-hundred day moving average price is $5.71. The firm has a market capitalization of $17.65 billion, a price-to-earnings ratio of 10.07, a PEG ratio of 0.40 and a beta of 0.64. Nomura has a 52 week low of $4.29 and a 52 week high of $6.62. The company has a debt-to-equity ratio of 7.19, a quick ratio of 1.11 and a current ratio of 1.11.

Institutional Trading of Nomura

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new position in Nomura during the 3rd quarter worth approximately $25,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Nomura in the 2nd quarter valued at $34,000. Sage Mountain Advisors LLC bought a new stake in shares of Nomura in the 2nd quarter valued at $59,000. SYM FINANCIAL Corp acquired a new stake in Nomura during the 2nd quarter worth $59,000. Finally, Catalytic Wealth RIA LLC bought a new position in Nomura during the third quarter worth about $59,000. 15.14% of the stock is owned by institutional investors.

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.