Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Down – Here’s What Happened

by · The Cerbat Gem

Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $40.39, but opened at $38.91. Nomura Research Institute shares last traded at $38.91, with a volume of 1,466 shares.

Analyst Ratings Changes

NRILY has been the subject of several research reports. Zacks Research downgraded shares of Nomura Research Institute from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 12th. Citigroup upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Check Out Our Latest Report on NRILY

Nomura Research Institute Trading Down 1.7%

The company has a current ratio of 1.72, a quick ratio of 1.84 and a debt-to-equity ratio of 0.44. The firm has a market cap of $22.77 billion, a price-to-earnings ratio of 32.92 and a beta of 0.72. The company has a fifty day moving average price of $38.63 and a 200-day moving average price of $39.17.

Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.33 earnings per share for the quarter. Nomura Research Institute had a return on equity of 22.63% and a net margin of 12.96%.The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.36 billion. As a group, research analysts expect that Nomura Research Institute will post 1.04 EPS for the current year.

About Nomura Research Institute

(Get Free Report)

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.

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