Nomura Research Institute (OTCMKTS:NRILY) Hits New 1-Year Low – Here’s Why

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) reached a new 52-week low during trading on Friday . The company traded as low as $24.1725 and last traded at $24.1725, with a volume of 131473 shares traded. The stock had previously closed at $25.03.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Citigroup raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Check Out Our Latest Analysis on NRILY

Nomura Research Institute Stock Down 1.6%

The firm has a 50 day moving average price of $34.87 and a 200-day moving average price of $37.73. The firm has a market cap of $14.32 billion, a price-to-earnings ratio of 20.03, a price-to-earnings-growth ratio of 1.66 and a beta of 0.70. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.08 and a quick ratio of 1.84.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last announced its quarterly earnings data on Thursday, January 29th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.01. The firm 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%. As a group, equities analysts predict that Nomura Research Institute will post 1.04 EPS for the current fiscal year.

About Nomura Research Institute

(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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