Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Up – Still a Buy?

Nomura Research Institute (OTCMKTS:NRILYGet Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $23.33, but opened at $24.80. Nomura Research Institute shares last traded at $24.6999, with a volume of 168,004 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NRILY. Citigroup upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Zacks Research upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

View Our Latest Analysis on NRILY

Nomura Research Institute Stock Performance

The firm’s fifty day moving average price is $34.23 and its 200 day moving average price is $37.44. The firm has a market cap of $14.36 billion, a P/E ratio of 20.09, a price-to-earnings-growth ratio of 1.62 and a beta of 0.70. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.84 and a current ratio of 2.08.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last issued its quarterly earnings data on Thursday, January 29th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01. The company had revenue of $1.33 billion for the quarter. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%. Sell-side analysts expect that Nomura Research Institute will post 1.04 EPS for the current fiscal year.

About Nomura Research Institute

(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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