Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute (OTCMKTS:NRILY) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 13,721 shares, an increase of 342.9% from the August 31st total of 3,098 shares. Based on an average trading volume of 37,887 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Nomura Research Institute Stock Down 1.5%

Nomura Research Institute stock opened at $31.59 on Friday. The business’s 50-day simple moving average is $31.72 and its two-hundred day simple moving average is $29.74. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.62 and a current ratio of 1.62. The company has a market cap of $17.73 billion, a PE ratio of 137.35 and a beta of 0.71. Nomura Research Institute has a fifty-two week low of $22.73 and a fifty-two week high of $42.93.

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

Analyst Upgrades and Downgrades

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

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.