Nomura Research Institute (OTCMKTS:NRILY) Trading Down 1.7% – Time to Sell?

Nomura Research Institute, Ltd. (OTCMKTS:NRILY)’s share price was down 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 were traded during trading, a decline of 38% from the average daily volume of 54,711 shares. The stock had previously closed at $33.46.

Analyst Ratings Changes

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

Nomura Research Institute Stock Down 1.7 %

The company has a market capitalization of $19.12 billion, a P/E ratio of 31.32 and a beta of 0.67. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.97 and a current ratio of 1.81. The firm’s fifty day moving average is $33.22 and its 200-day moving average is $32.44.

Nomura Research Institute (OTCMKTS:NRILY) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.30 earnings per share (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 predict that Nomura Research Institute, Ltd. will post 1.04 EPS 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.