Nomura Holdings Inc (NYSE: NMR) has recently experienced extremely important negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and the stock fell on very heavy volume.
Nomura Holdings Inc (NYSE: NMR). Small negative changes in fundamentals have recently occurred: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, NMR is expected to continue to be a Value Builder.
Nomura Holdings has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Nomura Holdings has a very high Power Rating of 89 and a very high Appreciation Score of 98, with the Highest Value Trend Rating the result.
Recent Price Action
On 8/5/24, Nomura Holdings Inc (NYSE: NMR) stock declined by -4.8%, closing at $4.98. Moreover, this decline was accompanied by exceptionally high trading volume at 251% of normal. The stock has declined -13.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
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