Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Up – Time to Buy?

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $28.65, but opened at $31.3810. Nomura Research Institute shares last traded at $31.3810, with a volume of 594 shares traded.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group upgraded Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on NRILY

Nomura Research Institute Price Performance

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 company has a market cap of $18.13 billion, a price-to-earnings ratio of 143.68, a PEG ratio of 1.73 and a beta of 0.71. The business has a fifty day moving average price of $28.63 and a 200 day moving average price of $30.43.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last released its quarterly earnings data on Friday, April 24th. The company reported ($0.76) earnings per share for the quarter, missing the consensus estimate of $31.34 by ($32.10). The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $227 billion. Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%. As a group, research analysts anticipate that Nomura Research Institute will post 1.39 earnings per share 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.

Further Reading

Receive News & Ratings for Nomura Research Institute Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nomura Research Institute and related companies with MarketBeat.com's FREE daily email newsletter.