Nomura Research Institute (OTCMKTS:NRILY – Get Free Report)’s share price gapped down prior to trading on Thursday following a dissappointing earnings announcement. The stock had previously closed at $33.7350, but opened at $31.05. Nomura Research Institute shares last traded at $31.8750, with a volume of 6,552 shares changing hands.
The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%.
Wall Street Analyst Weigh In
Separately, Zacks Research downgraded Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
Nomura Research Institute Price Performance
The business’s 50-day simple moving average is $29.82 and its two-hundred day simple moving average is $29.48. The stock has a market cap of $17.89 billion, a price-to-earnings ratio of 144.89, a price-to-earnings-growth ratio of 1.89 and a beta of 0.71. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.84 and a quick ratio of 1.84.
Nomura Research Institute Company Profile
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.
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