Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Down – Should You Sell?

Shares of Nomura Research Institute (OTCMKTS:NRILY) gapped down before the market opened on Tuesday . The stock had previously closed at $28.77, but opened at $27.76. Nomura Research Institute shares last traded at $27.52, with a volume of 120,693 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Citigroup raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Nomura Research Institute Stock Performance

The company has a market cap of $16.10 billion, a price-to-earnings ratio of 22.52, a P/E/G ratio of 1.85 and a beta of 0.73. The stock has a 50 day moving average price of $32.08 and a two-hundred day moving average price of $36.51. The company has a current ratio of 2.08, a quick ratio of 1.84 and a debt-to-equity ratio of 0.42.

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

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.