Nomura Real Estate (OTCMKTS:NMEHF) Stock Price Down 12.1%

Nomura Real Estate Holdings, Inc. (OTCMKTS:NMEHF)’s share price fell 12.1% on Tuesday . The stock traded as low as $23.54 and last traded at $23.55. 292 shares traded hands during trading, a decline of 17% from the average session volume of 350 shares. The stock had previously closed at $26.80.

Separately, JPMorgan Chase & Co. assumed coverage on shares of Nomura Real Estate in a research note on Friday, September 24th. They set an “overweight” rating for the company.

The business has a 50-day moving average price of $26.60 and a 200-day moving average price of $25.87.

About Nomura Real Estate (OTCMKTS:NMEHF)

Nomura Real Estate Holdings, Inc operates as a real estate company in Japan and internationally. The company develops, leases, and manages office buildings, commercial facilities, logistics facilities, and hotels; develops and sells condominiums and houses; operates housing with services for the elderly; develops rental properties; provides Internet advertising services for housing and living assistance services; provides asset management services for real estate securitization, including REITs and private placement funds and securities funds; and provides real estate brokerage and consulting, insurance agency, and real estate information Website management services.

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