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

Nomura Research Institute (OTCMKTS:NRILY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $31.55, but opened at $33.66. Nomura Research Institute shares last traded at $33.66, with a volume of 365 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Nomura Research Institute presently has an average rating of “Hold”.

Nomura Research Institute Stock Performance

The company has a market capitalization of $18.70 billion, a price-to-earnings ratio of 144.87 and a beta of 0.71. The company has a 50 day moving average price of $31.51 and a 200 day moving average price of $29.47. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.62 and a current ratio of 1.62.

Nomura Research Institute (OTCMKTS:NRILY) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02). Nomura Research Institute had a return on equity of 4.38% and a net margin of 2.41%.The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $206.14 billion. Equities research analysts predict that Nomura Research Institute will post 1.38 earnings per share for the current fiscal year.

About Nomura Research Institute

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) is a Japanese consulting and information technology services company headquartered in Tokyo. The company helps businesses and government organizations address strategic, operational and technology-related challenges through management consulting, digital transformation services and systems integration.

NRI’s business includes financial IT solutions for banks, securities firms, asset managers and other financial institutions, as well as industrial IT solutions for companies in sectors such as retail, manufacturing and telecommunications.