Nomura Research Institute (OTCMKTS:NRILY) Trading Down 5.4% – Should You Sell?

Nomura Research Institute (OTCMKTS:NRILY) shares fell 5.4% during mid-day trading on Thursday . The stock traded as low as $27.50 and last traded at $27.53. 25,967 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 166,785 shares. The stock had previously closed at $29.09.

Analyst Ratings Changes

A number of research firms recently weighed in on NRILY. Zacks Research upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Jefferies Financial Group upgraded shares of Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Nomura Research Institute presently has a consensus rating of “Moderate Buy”.

Nomura Research Institute Price Performance

The stock has a market capitalization of $15.98 billion, a PE ratio of 22.65, a PEG ratio of 1.64 and a beta of 0.70. The business’s 50-day moving average is $27.72 and its two-hundred day moving average is $34.93.

Nomura Research Institute (OTCMKTS:NRILY) last posted its earnings results on Thursday, January 29th. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.33 billion for the quarter. As a group, analysts anticipate 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.