Nomura (NYSE:NMR) Sees Strong Trading Volume

Nomura Holdings Inc (NYSE:NMR) shares saw unusually-strong trading volume on Wednesday . Approximately 2,385,724 shares were traded during mid-day trading, an increase of 391% from the previous session’s volume of 485,465 shares.The stock last traded at $3.37 and had previously closed at $3.20.

Several equities analysts recently issued reports on NMR shares. ValuEngine lowered Nomura from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 2nd. JPMorgan Chase & Co. upgraded Nomura from an “underweight” rating to a “neutral” rating in a research report on Wednesday. Citigroup lowered Nomura from a “neutral” rating to a “sell” rating in a research report on Thursday, May 16th. Zacks Investment Research upgraded Nomura from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 20th. Finally, Nomura upgraded Nomura from an “underweight” rating to a “neutral” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The stock has a consensus rating of “Hold”.

The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 6.02. The stock has a 50-day moving average of $3.43. The stock has a market capitalization of $10.82 billion, a PE ratio of -12.48 and a beta of 1.50.

A number of large investors have recently added to or reduced their stakes in the business. Parametric Portfolio Associates LLC boosted its position in Nomura by 41.4% during the 1st quarter. Parametric Portfolio Associates LLC now owns 4,818,751 shares of the financial services provider’s stock worth $17,299,000 after acquiring an additional 1,410,697 shares during the last quarter. Evergreen Capital Management LLC boosted its position in Nomura by 3.0% during the 1st quarter. Evergreen Capital Management LLC now owns 374,488 shares of the financial services provider’s stock worth $1,344,000 after acquiring an additional 10,987 shares during the last quarter. NINE MASTS CAPITAL Ltd boosted its position in Nomura by 23.0% during the 1st quarter. NINE MASTS CAPITAL Ltd now owns 275,390 shares of the financial services provider’s stock worth $994,000 after acquiring an additional 51,540 shares during the last quarter. Bank of Montreal Can boosted its position in Nomura by 28.7% during the 1st quarter. Bank of Montreal Can now owns 182,290 shares of the financial services provider’s stock worth $655,000 after acquiring an additional 40,701 shares during the last quarter. Finally, Wetherby Asset Management Inc. boosted its position in Nomura by 5.1% during the 1st quarter. Wetherby Asset Management Inc. now owns 145,693 shares of the financial services provider’s stock worth $523,000 after acquiring an additional 7,064 shares during the last quarter. 0.77% of the stock is owned by hedge funds and other institutional investors.

About Nomura (NYSE:NMR)

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations.

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