Nomura Holdings Inc. ADR (NYSE: NMR) Stock: Bulls Need To See This

Nomura Holdings Inc. ADR (NYSE:NMR) price is hovering lower on Wednesday, April 17, dropping -1.01% below its previous close.

A look at today’s price movement shows that the recent level at last check reads $5.92. The company’s P/E ratio in the trailing 12-month period read 22.76. Taking into account the 52-week price action we note that the stock hit a 52-week high of $6.62 and 52-week low of $3.38. The stock subtracted -7.42% on its value in the past month.

Nomura Holdings Inc. ADR, which has a market valuation of $17.66 billion. The company stock has a Forward Dividend ratio of 0.05, while the dividend yield is 0.93%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.

On average, analysts have forecast the company’s revenue for the quarter will hit -$, with the likely lows of -$ and highs of -$. Staying with the analyst view, there is a consensus estimate of -$ for the company’s annual revenue in 1970.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give NMR a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.09. The overview shows that NMR’s price is at present -6.49% off the SMA20 and -1.86% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 38.33, with weekly volatility standing at 1.78%. The indicator jumps to 1.53% when calculated based on the past 30 days. Nomura Holdings Inc. ADR (NYSE:NMR)’s beta value is holding at 0.70, while the average true range (ATR) indicator is currently reading 0.13.

An analysis of the Nomura Holdings Inc. ADR (NYSE:NMR) stock in terms of its daily trading volume indicates that the 3-month average is 3.46 million.

Current records show that the company has 3.01B in outstanding shares. The insiders’ percentage holdings are 0.00% of outstanding shares while the percentage share held by institutions stands at 7.09%. But the 29.93% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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