Nomura Research Institute (OTCMKTS:NRILY – Get Free Report)’s share price traded up 5% on Tuesday . The stock traded as high as $33.5850 and last traded at $33.5850. Approximately 177 shares changed hands during trading, a decline of 100% from the average session volume of 87,362 shares. The stock had previously closed at $32.00.
Analysts Set New Price Targets
Separately, Zacks Research lowered shares of 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 assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.
Check Out Our Latest Research Report on NRILY
Nomura Research Institute Stock Down 2.0%
Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) last issued its earnings results 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). The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $206.14 billion. Nomura Research Institute had a return on equity of 4.38% and a net margin of 2.41%. On average, equities analysts expect that Nomura Research Institute will post 1.38 earnings per share for the current fiscal year.
Nomura Research Institute Company Profile
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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