Nomura Holdings Inc. ADR (NYSE: NMR) Trading above Its 20 Day MA ($5.49), Why Showing An Interesting Price Pattern?

Nomura Holdings Inc. ADR (NYSE:NMR) does about 784.62K shares in volume on a normal day but saw 890775 shares change hands in the recent trading day. The company now has a market cap of 17.08B USD. Its current market price is $5.78, marking an increase of 0.52% compared to the previous close of $5.75. The 52 week high reached by this stock is $6.62 whilst the lowest price level in 52 weeks is $3.75.

Nomura Holdings Inc. ADR (NMR) has a 20-day trading average at $5.49 and the current price is -12.66% off the 52-week high compared with 54.13% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.76 and its 200-day simple moving average is $5.48. If we look at the stock’s price movements over the week, volatility stands at 1.52%, which increases to 2.57% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 53.87 to suggest the stock is neutral.

The consensus objective for the share price is $6.71, suggesting that the stock has a potential upside of 13.86% over the period.

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The current price level is 5.00%, 0.30%, and 5.62% away from its SMA20, SMA50, and SMA200 respectively, with the NMR price moving above the 50-day SMA on current market day. Nomura Holdings Inc. ADR (NMR) stock is down -0.34% over the week and -1.20% over the past month. Its price is 28.16% year-to-date and 52.51% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $10.12B, which analysts say will come at $10.12B for the current fiscal year and next year at $10.32B. In addition, estimates put the company’s current quarterly revenue at an average of $10.12B.

To reach the target analysts have set, the stock logically needs to grow 13.86 percent from here.

Outstanding shares total 2.97B with insiders holding 0.00% of the shares and institutional holders owning 1.97% of the company’s common stock. The company has a return on investment of 1.36% and return on equity of 6.39%. The price to earnings ratio (P/E ratio) amounts to 12.81 while the forward price to earnings ratio is 9.50. The beta has a value of 0.65. Price to book ratio is 0.79 and price to sales ratio is 0.57.

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