Nomadar (NASDAQ:NOMA) Trading 1.9% Higher – Still a Buy?
by Kim Johansen · The Markets DailyNomadar Corp. (NASDAQ:NOMA – Get Free Report) was up 1.9% on Friday . The stock traded as high as $2.90 and last traded at $2.69. 11,979 shares traded hands during mid-day trading, an increase of 38% from the average daily volume of 8,671 shares. The stock had previously closed at $2.64.
Analysts Set New Price Targets
Separately, Weiss Ratings raised Nomadar from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.
View Our Latest Report on NOMA
Nomadar Stock Performance
The firm has a market capitalization of $40.03 million and a PE ratio of -14.94. The firm’s 50-day moving average is $3.25 and its 200 day moving average is $3.78.
Nomadar (NASDAQ:NOMA – Get Free Report) last announced its earnings results on Friday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $0.67 million for the quarter.
Institutional Investors Weigh In On Nomadar
A number of institutional investors and hedge funds have recently bought and sold shares of NOMA. Millennium Management LLC purchased a new stake in Nomadar in the 4th quarter valued at approximately $255,000. Geode Capital Management LLC purchased a new position in Nomadar during the fourth quarter worth $173,000. Clear Street Group Inc. acquired a new position in shares of Nomadar in the fourth quarter worth $72,000. Finally, Yorkville Advisors Global LP purchased a new stake in shares of Nomadar in the first quarter valued at $135,000.
Nomadar Company Profile
We are the innovation arm of Cádiz CF, a professional soccer club which currently competes in the Segunda División. We currently have four proposed business verticals, which are in various stages of development. Through June 30, 2025, the Company had engaged in limited operations until 2025 when the Company began generating revenue from providing services under commercial contracts and purchase orders entered into in the ordinary course of business. On January 10, 2025, the Company entered into a framework agreement with Cádiz CF, whereby, among other things, Cádiz CF agreed to provide technical training staff for players enrolled in the Company’s programs, and the Company agreed to integrate the Company’s training methodologies into Cádiz CF’s training sessions (the “Framework Agreement”).