Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Down – What’s Next?

Nomura Research Institute (OTCMKTS:NRILY) shares gapped down before the market opened on Friday . The stock had previously closed at $28.47, but opened at $27.2760. Nomura Research Institute shares last traded at $27.58, with a volume of 32,856 shares changing hands.

Analyst Ratings Changes

NRILY has been the topic of several research reports. Zacks Research raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Jefferies Financial Group raised Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Nomura Research Institute has an average rating of “Moderate Buy”.

Nomura Research Institute Stock Down 1.1%

The business has a fifty day moving average of $26.93 and a 200 day moving average of $34.48. The firm has a market cap of $15.81 billion, a P/E ratio of 22.41, a P/E/G ratio of 1.62 and a beta of 0.70.

Nomura Research Institute (OTCMKTS:NRILY) last released its quarterly earnings data on Thursday, January 29th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. The business 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, sell-side analysts expect that Nomura Research Institute will post 1.04 EPS for the current fiscal 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.