Nomura Research Institute (OTCMKTS:NRILY) Trading Down 1.7% – What’s Next?

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) shares dropped 1.7% during mid-day trading on Friday . The stock traded as low as $32.00 and last traded at $32.89. Approximately 34,154 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 54,711 shares. The stock had previously closed at $33.46.

Analyst Upgrades and Downgrades

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

Nomura Research Institute Stock Performance

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 $19.12 billion, a PE ratio of 31.32 and a beta of 0.67. The company’s fifty day simple moving average is $33.22 and its 200 day simple moving average is $32.45.

Nomura Research Institute (OTCMKTS:NRILY) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.30 EPS for the quarter. Nomura Research Institute had a net margin of 11.96% and a return on equity of 21.78%. As a group, equities research analysts expect that Nomura Research Institute, Ltd. will post 1.04 EPS for the current fiscal year.

About Nomura Research Institute

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.