Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Down – Time to Sell?

Nomura Research Institute (OTCMKTS:NRILY) shares gapped down before the market opened on Tuesday . The stock had previously closed at $27.22, but opened at $26.05. Nomura Research Institute shares last traded at $27.18, with a volume of 330,480 shares traded.

Analyst Upgrades and Downgrades

NRILY has been the subject of several recent research reports. Citigroup raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Zacks Research raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Nomura Research Institute has an average rating of “Hold”.

Nomura Research Institute Trading Down 0.2%

The company has a debt-to-equity ratio of 0.42, a current ratio of 2.08 and a quick ratio of 1.84. The firm has a market cap of $15.79 billion, a price-to-earnings ratio of 22.09, a price-to-earnings-growth ratio of 1.80 and a beta of 0.73. The firm’s fifty day moving average is $30.94 and its 200-day moving average is $36.05.

Nomura Research Institute (OTCMKTS:NRILY) last posted its quarterly earnings data on Thursday, January 29th. The company reported $0.34 earnings per share for the quarter, topping 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 return on equity of 22.45% and a net margin of 13.17%. Equities analysts anticipate that Nomura Research Institute will post 1.04 earnings per share for the current 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.