Nomura Research Institute (OTCMKTS:NRILY) Reaches New 1-Year Low – Time to Sell?

Nomura Research Institute (OTCMKTS:NRILY) hit a new 52-week low during trading on Friday . The stock traded as low as $30.44 and last traded at $30.86, with a volume of 15431 shares changing hands. The stock had previously closed at $35.52.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Citigroup upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Zacks Research downgraded shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Monday, December 22nd. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Nomura Research Institute Price Performance

The company has a debt-to-equity ratio of 0.44, a current ratio of 1.72 and a quick ratio of 1.84. The stock’s 50 day moving average price is $38.83 and its two-hundred day moving average price is $38.89. The firm has a market capitalization of $17.70 billion, a price-to-earnings ratio of 24.76, a PEG ratio of 2.39 and a beta of 0.70.

Nomura Research Institute (OTCMKTS:NRILY) last posted its earnings results on Thursday, January 29th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. The business had revenue of $1.33 billion for the quarter. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.82%. On average, equities research analysts anticipate that Nomura Research Institute will post 1.04 EPS for the current 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.