Nomadar (NASDAQ:NOMA) Stock Price Down 1.8% – Should You Sell?

Nomadar Corp. (NASDAQ:NOMA) shares dropped 1.8% during mid-day trading on Wednesday . The stock traded as low as $4.16 and last traded at $4.33. Approximately 5,539 shares traded hands during trading, a decline of 75% from the average daily volume of 21,969 shares. The stock had previously closed at $4.41.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NOMA shares. Wall Street Zen lowered shares of Nomadar from a “hold” rating to a “sell” rating in a report on Saturday, December 6th. Weiss Ratings assumed coverage on Nomadar in a research report on Wednesday, January 28th. They issued a “sell (e-)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Nomadar Trading Down 1.8%

The company has a market cap of $54.86 million and a price-to-earnings ratio of -144.33. The company has a 50 day simple moving average of $4.66.

Institutional Investors Weigh In On Nomadar

A number of institutional investors have recently modified their holdings of NOMA. Clear Street Group Inc. acquired a new position in Nomadar in the fourth quarter worth about $72,000. Geode Capital Management LLC acquired a new position in shares of Nomadar in the 4th quarter worth approximately $173,000. Finally, Millennium Management LLC bought a new stake in shares of Nomadar in the 4th quarter valued at approximately $255,000.

About Nomadar

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”).