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

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $30.35, but opened at $31.9850. Nomura Research Institute shares last traded at $31.7860, with a volume of 2,278 shares.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on NRILY shares. Zacks Research downgraded shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Jefferies Financial Group raised Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Get Our Latest Report on NRILY

Nomura Research Institute Stock Performance

The company has a market cap of $17.67 billion, a P/E ratio of 143.14, a PEG ratio of 1.77 and a beta of 0.71. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.49. The company has a 50 day moving average price of $29.12 and a 200-day moving average price of $29.99.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last announced its earnings results on Friday, April 24th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $31.34 by ($32.10). Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $227 billion. Equities analysts expect that Nomura Research Institute will post 1.39 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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