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

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $26.53, but opened at $28.50. Nomura Research Institute shares last traded at $29.17, with a volume of 4,509 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have commented on NRILY. Jefferies Financial Group upgraded shares of Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. Zacks Research upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on Nomura Research Institute

Nomura Research Institute Price Performance

The stock has a market capitalization of $16.79 billion, a P/E ratio of 23.80, a PEG ratio of 1.83 and a beta of 0.73. The company has a 50 day moving average of $28.27 and a 200-day moving average of $35.10. 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:NRILYGet Free Report) last released its earnings results on Thursday, January 29th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.01. The firm had revenue of $1.33 billion during the quarter. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%. Sell-side analysts predict that Nomura Research Institute will post 1.04 EPS for the current year.

About Nomura Research Institute

(Get Free Report)

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.

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