Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Up – Time to Buy?

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $39.88, but opened at $41.29. Nomura Research Institute shares last traded at $41.29, with a volume of 68,724 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Nomura Research Institute from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Nomura Research Institute presently has an average rating of “Hold”.

Get Our Latest Report on Nomura Research Institute

Nomura Research Institute Trading Up 3.2%

The company has a debt-to-equity ratio of 0.49, a current ratio of 1.84 and a quick ratio of 1.84. The business has a 50 day simple moving average of $38.40 and a 200-day simple moving average of $39.05. The stock has a market capitalization of $23.93 billion, a price-to-earnings ratio of 34.59 and a beta of 0.71.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.33 EPS for the quarter. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.36 billion. Nomura Research Institute had a net margin of 12.96% and a return on equity of 23.29%. As a group, equities analysts expect that Nomura Research Institute will post 1.04 earnings per share 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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