Nomura Research Institute (OTCMKTS:NRILY) Stock Price Up 14.6% – Should You Buy?

Shares of Nomura Research Institute (OTCMKTS:NRILY) were up 14.6% during trading on Thursday . The stock traded as high as $26.8350 and last traded at $26.73. Approximately 30,830 shares traded hands during trading, a decline of 83% from the average daily volume of 184,357 shares. The stock had previously closed at $23.33.

Analyst Ratings Changes

NRILY has been the subject of several recent research reports. Citigroup raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Zacks Research raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Nomura Research Institute Price Performance

The stock has a market cap of $15.96 billion, a PE ratio of 22.33, a PEG ratio of 1.82 and a beta of 0.70. The business’s 50-day simple moving average is $33.46 and its 200-day simple moving average is $37.18. The company has a quick ratio of 1.84, a current ratio of 2.08 and a debt-to-equity ratio of 0.42.

Nomura Research Institute (OTCMKTS:NRILY) last posted its earnings results on Thursday, January 29th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.01. The company had revenue of $1.33 billion during the quarter. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%. On average, research analysts expect that Nomura Research Institute will post 1.04 EPS for the current fiscal year.

Nomura Research Institute Company Profile

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.