Nomura Research Institute (OTCMKTS:NRILY) Sets New 52-Week High - Here's What Happened

Nomura Research Institute, Ltd. (OTCMKTS:NRILY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $42.57 and last traded at $41.12, with a volume of 16045 shares trading hands. The stock had previously closed at $41.29.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut Nomura Research Institute from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 27th.

Nomura Research Institute Stock Down 0.4%

The stock has a 50 day moving average price of $36.19 and a 200-day moving average price of $33.04. The stock has a market capitalization of $23.90 billion, a P/E ratio of 39.16 and a beta of 0.66. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.81 and a quick ratio of 1.97.

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.42 billion. Nomura Research Institute had a return on equity of 21.78% and a net margin of 11.96%. As a group, research analysts expect that Nomura Research Institute, Ltd. will post 1.04 EPS for the current fiscal year.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solution, industrial IT solution, and IT platform services in Japan and internationally. Its Consulting segment offers management, operational, and system consulting services for enterprises and government agencies.

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