Nomura Research Institute (OTCMKTS:NRILY) Hits New 1-Year Low – Time to Sell?

Nomura Research Institute (OTCMKTS:NRILY) shares hit a new 52-week low during trading on Friday . The company traded as low as $25.5001 and last traded at $26.72, with a volume of 14974 shares trading hands. The stock had previously closed at $27.13.

Wall Street Analyst Weigh In

NRILY has been the topic of a number of research analyst reports. Zacks Research cut shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Monday, December 22nd. Citigroup raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 19th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Nomura Research Institute currently has an average rating of “Reduce”.

Nomura Research Institute Trading Down 1.5%

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 stock has a market capitalization of $15.53 billion, a P/E ratio of 21.72, a P/E/G ratio of 1.88 and a beta of 0.70. The business has a 50-day moving average price of $36.53 and a two-hundred day moving average price of $38.34.

Nomura Research Institute (OTCMKTS:NRILY) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.01. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.82%. The business had revenue of $1.33 billion for the quarter. On average, analysts expect that Nomura Research Institute will post 1.04 EPS for the current fiscal year.

About Nomura Research Institute

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.