Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) shares traded up 8% on Tuesday . The stock traded as high as $30.04 and last traded at $29.7201. 26,009 shares changed hands during trading, a decline of 80% from the average session volume of 131,330 shares. The stock had previously closed at $27.51.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on NRILY shares. Zacks Research upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Jefferies Financial Group raised shares of Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on Nomura Research Institute
Nomura Research Institute Stock Performance
Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) last announced its earnings results on Friday, April 24th. The company reported ($0.76) EPS for the quarter, missing the consensus estimate of $31.34 by ($32.10). Nomura Research Institute had a net margin of 2.33% and a return on equity of 3.93%. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $227 billion. Sell-side analysts anticipate that Nomura Research Institute will post 1.4 earnings per share for the current year.
About Nomura Research Institute
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.
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