Nomura Research Institute (OTCMKTS:NRILY) Upgraded at Zacks Research

Zacks Research upgraded shares of Nomura Research Institute (OTCMKTS:NRILY) from a hold rating to a strong-buy rating in a report released on Tuesday,Zacks.com reports.

Nomura Research Institute Stock Up 0.1%

OTCMKTS:NRILY opened at $36.37 on Tuesday. Nomura Research Institute has a 1 year low of $27.00 and a 1 year 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 stock has a market cap of $21.14 billion, a price-to-earnings ratio of 31.90 and a beta of 0.70. The stock has a 50-day moving average price of $39.28 and a two-hundred day moving average price of $38.70.

Nomura Research Institute (OTCMKTS:NRILY) last posted its earnings results on Monday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter. Nomura Research Institute had a return on equity of 22.66% and a net margin of 12.64%.The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.35 billion. As a group, equities analysts expect that Nomura Research Institute will post 1.04 earnings per share for the current year.

About Nomura Research Institute

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.