Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Up – Should You Buy?

Nomura Research Institute (OTCMKTS:NRILY) gapped up before the market opened on Friday . The stock had previously closed at $26.50, but opened at $27.60. Nomura Research Institute shares last traded at $27.42, with a volume of 8,987 shares changing hands.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NRILY. Citigroup upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report 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. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Nomura Research Institute has a consensus rating of “Hold”.

Nomura Research Institute Stock Performance

The business has a 50 day moving average price of $32.27 and a two-hundred day moving average price of $36.63. The stock has a market cap of $15.99 billion, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 1.89 and a beta of 0.73. The company has a quick ratio of 1.84, a current ratio of 2.08 and a debt-to-equity ratio of 0.42.

Nomura Research Institute (OTCMKTS:NRILY) last released 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. Nomura Research Institute had a return on equity of 22.45% and a net margin of 13.17%.The business had revenue of $1.33 billion for the quarter. On average, sell-side analysts forecast that Nomura Research Institute will post 1.04 earnings per share 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.