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

Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $26.10, but opened at $28.78. Nomura Research Institute shares last traded at $29.02, with a volume of 9,919 shares changing hands.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Nomura Research Institute presently has an average rating of “Moderate Buy”.

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Check Out Our Latest Stock Analysis on NRILY

Nomura Research Institute Price Performance

The business’s 50-day simple moving average is $28.74 and its 200-day simple moving average is $30.65. The stock has a market cap of $16.17 billion, a PE ratio of 128.18, a PEG ratio of 1.65 and a beta of 0.69. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.49.

Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) last posted its earnings results on Friday, April 24th. The company reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of $31.34 by ($32.10). Nomura Research Institute had a return on equity of 4.03% and a net margin of 2.33%.The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $227 billion. On average, research analysts expect 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.

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