Nomura Research Institute (OTCMKTS:NRILY) Stock Price Up 0.1% - Here's What Happened

Nomura Research Institute, Ltd. (OTCMKTS:NRILY - Get Free Report)'s stock price rose 0.1% on Tuesday . The company traded as high as $40.41 and last traded at $39.78. Approximately 18,827 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 58,646 shares. The stock had previously closed at $39.75.

Wall Street Analyst Weigh In

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

Nomura Research Institute Stock Up 0.7%

The business has a fifty day moving average price of $38.38 and a two-hundred day moving average price of $34.17. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.81 and a quick ratio of 1.97. The firm has a market capitalization of $23.29 billion, a price-to-earnings ratio of 38.16 and a beta of 0.63.

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.25 EPS for the quarter. Nomura Research Institute had a return on equity of 21.78% and a net margin of 11.96%. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.42 billion. On average, equities analysts expect that Nomura Research Institute, Ltd. will post 1.04 earnings per share for the current 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.