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

by · The Cerbat Gem

Nomura Research Institute (OTCMKTS:NRILY – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $39.65, but opened at $38.01. Nomura Research Institute shares last traded at $39.97, with a volume of 1,930 shares traded.

Analysts Set New Price Targets

NRILY has been the topic of several recent research reports. Citigroup raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 19th. Zacks Research lowered Nomura Research Institute from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 12th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

View Our Latest Research Report on Nomura Research Institute

Nomura Research Institute Price Performance

The business’s fifty day simple moving average is $38.71 and its 200-day simple moving average is $39.13. 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 $23.24 billion, a P/E ratio of 33.60 and a beta of 0.72.

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. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Nomura Research Institute had a return on equity of 22.63% and a net margin of 12.96%. As a group, analysts forecast 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. 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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