Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Down – What’s Next?

Shares of Nomura Research Institute (OTCMKTS:NRILYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $39.65, but opened at $38.01. Nomura Research Institute shares last traded at $39.97, with a volume of 1,930 shares trading hands.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on NRILY. Citigroup raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Zacks Research downgraded shares of Nomura Research Institute from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 12th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on Nomura Research Institute

Nomura Research Institute Stock Performance

The stock’s 50-day moving average is $38.71 and its 200 day moving average is $39.13. The stock has a market cap of $23.24 billion, a price-to-earnings ratio of 33.60 and a beta of 0.72. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.72 and a quick ratio of 1.84.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last issued its earnings results on Thursday, October 30th. The company reported $0.33 earnings per share (EPS) for the quarter. Nomura Research Institute had a return on equity of 22.63% and a net margin of 12.96%.The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.36 billion. As a group, analysts predict that Nomura Research Institute will post 1.04 earnings per share for the current fiscal year.

Nomura Research Institute Company Profile

(Get Free Report)

Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solution, industrial IT solution, and IT platform services in Japan and internationally. Its Consulting segment offers management, operational, and system consulting services for enterprises and government agencies.

Further Reading

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