Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) issued its earnings results on Thursday. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02), Zacks reports. Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%.
Nomura Research Institute Stock Down 2.9%
Shares of OTCMKTS NRILY traded down $0.97 during mid-day trading on Thursday, reaching $32.76. 15,387 shares of the company’s stock were exchanged, compared to its average volume of 101,661. Nomura Research Institute has a twelve month low of $22.73 and a twelve month high of $43.20. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $18.38 billion, a price-to-earnings ratio of 148.91, a PEG ratio of 1.89 and a beta of 0.71. The business has a fifty day simple moving average of $29.82 and a 200 day simple moving average of $29.48.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.
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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