Nomura Research Institute (OTCMKTS:NRILY) Sets New 12-Month Low – Here’s What Happened

Nomura Research Institute (OTCMKTS:NRILY) reached a new 52-week low during trading on Friday . The company traded as low as $24.1725 and last traded at $24.1725, with a volume of 131473 shares changing hands. The stock had previously closed at $25.03.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on NRILY shares. Zacks Research raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Monday. Citigroup upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 19th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Nomura Research Institute Stock Performance

The company has a current ratio of 2.08, a quick ratio of 1.84 and a debt-to-equity ratio of 0.42. The stock has a market cap of $14.20 billion, a price-to-earnings ratio of 19.86, a PEG ratio of 1.70 and a beta of 0.70. The stock’s 50 day moving average is $35.17 and its two-hundred day moving average is $37.87.

Nomura Research Institute (OTCMKTS:NRILY) last posted its quarterly earnings data on Thursday, January 29th. The company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%. The company had revenue of $1.33 billion for the quarter. Analysts anticipate that Nomura Research Institute will post 1.04 earnings per share 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.