Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Down – What’s Next?

Nomura Research Institute (OTCMKTS:NRILY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $32.1650, but opened at $30.52. Nomura Research Institute shares last traded at $30.49, with a volume of 721 shares traded.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Nomura Research Institute Trading Down 4.8%

The company has a market capitalization of $17.18 billion, a price-to-earnings ratio of 133.09, a P/E/G ratio of 1.85 and a beta of 0.71. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.84 and a current ratio of 1.84. The business’s 50-day simple moving average is $29.91 and its 200-day simple moving average is $28.84.

Nomura Research Institute (OTCMKTS:NRILY) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $206.14 billion. Nomura Research Institute had a net margin of 2.41% and a return on equity of 4.11%. On average, research analysts expect that Nomura Research Institute will post 1.39 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.