Nomura Research Institute (OTCMKTS:NRILY) Short Interest Down 76.4% in August

Nomura Research Institute (OTCMKTS:NRILY) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 3,098 shares, a decrease of 76.4% from the August 15th total of 13,154 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 33,498 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Nomura Research Institute Price Performance

Nomura Research Institute stock traded up $0.45 during midday trading on Friday, reaching $32.00. The company had a trading volume of 10,534 shares, compared to its average volume of 17,901. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.62 and a quick ratio of 1.62. The firm’s fifty day simple moving average is $31.42 and its 200-day simple moving average is $29.33. The company has a market capitalization of $17.96 billion, a P/E ratio of 139.13 and a beta of 0.71. Nomura Research Institute has a 12-month low of $22.73 and a 12-month high of $42.93.

Nomura Research Institute (OTCMKTS:NRILY) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). Nomura Research Institute had a return on equity of 4.38% and a net margin of 2.41%.The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $206.14 billion. As a group, equities analysts anticipate that Nomura Research Institute will post 1.38 EPS for the current year.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) is a Japanese consulting and information technology services company headquartered in Tokyo. The company helps businesses and government organizations address strategic, operational and technology-related challenges through management consulting, digital transformation services and systems integration.

NRI’s business includes financial IT solutions for banks, securities firms, asset managers and other financial institutions, as well as industrial IT solutions for companies in sectors such as retail, manufacturing and telecommunications.