Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) shares traded up 5% during trading on Tuesday . The company traded as high as $33.5850 and last traded at $33.5850. Approximately 177 shares were traded during trading, a decline of 100% from the average daily volume of 87,362 shares. The stock had previously closed at $32.00.
Analysts Set New Price Targets
Separately, Zacks Research downgraded Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.
Check Out Our Latest Stock Report on NRILY
Nomura Research Institute Price Performance
Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.32 earnings per share 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 business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $206.14 billion. As a group, research analysts anticipate that Nomura Research Institute will post 1.38 EPS for the current 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.
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