Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) announced its earnings results on Thursday. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.02), Zacks reports. Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%.
Nomura Research Institute Price Performance
Shares of OTCMKTS NRILY traded down $0.95 during mid-day trading on Thursday, reaching $32.78. The company’s stock had a trading volume of 15,121 shares, compared to its average volume of 101,658. 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 has a 52 week low of $22.73 and a 52 week high of $43.20. The stock has a fifty day moving average of $29.82 and a two-hundred day moving average of $29.48. The firm has a market capitalization of $18.40 billion, a PE ratio of 149.02, a P/E/G ratio of 1.89 and a beta of 0.71.
Wall Street Analysts Forecast Growth
Separately, Zacks Research lowered Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.
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.
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