Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Down – Time to Sell?

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $27.22, but opened at $26.05. Nomura Research Institute shares last traded at $27.18, with a volume of 330,480 shares.

Wall Street Analysts Forecast Growth

Several research analysts have commented on NRILY shares. Citigroup upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Zacks Research upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Nomura Research Institute currently has an average rating of “Hold”.

Get Our Latest Report on Nomura Research Institute

Nomura Research Institute Stock Down 2.3%

The business has a 50 day simple moving average of $30.45 and a 200 day simple moving average of $35.90. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.08 and a quick ratio of 1.84. The stock has a market cap of $15.41 billion, a PE ratio of 21.56, a P/E/G ratio of 1.82 and a beta of 0.73.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last posted its quarterly 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 return on equity of 22.45% and a net margin of 13.17%. On average, equities research analysts forecast that Nomura Research Institute will post 1.04 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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