Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Up – Here’s Why

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $30.29, but opened at $32.97. Nomura Research Institute shares last traded at $32.84, with a volume of 1,898 shares.

Analyst Ratings Changes

Separately, Zacks Research lowered Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Nomura Research Institute presently has an average rating of “Hold”.

Read Our Latest Stock Report on NRILY

Nomura Research Institute Stock Performance

The firm’s fifty day moving average is $29.82 and its 200 day moving average is $29.48. The firm has a market capitalization of $18.97 billion, a price-to-earnings ratio of 153.68, a PEG ratio of 1.89 and a beta of 0.71. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.84 and a quick ratio of 1.84.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%. On average, analysts predict that Nomura Research Institute will post 1.39 EPS for the current fiscal year.

Nomura Research Institute Company Profile

(Get Free Report)

Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.

NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.

Further Reading

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