Nomura Research Institute (OTCMKTS:NRILY) Sees Unusually-High Trading Volume – What’s Next?

Shares of Nomura Research Institute (OTCMKTS:NRILY) saw unusually-high trading volume on Monday . Approximately 455,181 shares were traded during trading, an increase of 517% from the previous session’s volume of 73,723 shares.The stock last traded at $27.13 and had previously closed at $27.18.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Citigroup raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 19th. Zacks Research lowered Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research note on Monday, December 22nd. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Nomura Research Institute has a consensus rating of “Reduce”.

Nomura Research Institute Stock Down 0.5%

The company has a 50-day moving average of $36.78 and a 200-day moving average of $38.42. The company has a current ratio of 1.72, a quick ratio of 1.84 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $16.25 billion, a price-to-earnings ratio of 22.72, a price-to-earnings-growth ratio of 1.89 and a beta of 0.70.

Nomura Research Institute (OTCMKTS:NRILY) last issued its quarterly earnings results on Thursday, January 29th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.01. Nomura Research Institute had a return on equity of 22.82% and a net margin of 13.17%.The business had revenue of $1.33 billion during the quarter. On average, equities analysts predict 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.