Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute (OTCMKTS:NRILY) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 15,387 shares, an increase of 249.9% from the May 14th total of 4,398 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 94,632 shares, the days-to-cover ratio is currently 0.2 days.

Nomura Research Institute Stock Up 0.3%

OTCMKTS NRILY traded up $0.08 during trading hours on Thursday, hitting $28.95. 25,382 shares of the company traded hands, compared to its average volume of 118,973. The business’s 50-day moving average is $29.04 and its 200-day moving average is $31.90. Nomura Research Institute has a twelve month low of $22.73 and a twelve month high of $43.20. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.84 and a current ratio of 1.84. The stock has a market capitalization of $16.60 billion, a price-to-earnings ratio of 131.59, a P/E/G ratio of 1.64 and a beta of 0.69.

Nomura Research Institute (OTCMKTS:NRILY) last issued its quarterly earnings results on Friday, April 24th. The company reported ($0.76) EPS for the quarter, missing the consensus estimate of $31.34 by ($32.10). The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $227 billion. Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%. Sell-side analysts anticipate that Nomura Research Institute will post 1.4 earnings per share for the current year.

Wall Street Analyst Weigh In

NRILY has been the topic of several research reports. Zacks Research raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Jefferies Financial Group raised Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Nomura Research Institute currently has an average rating of “Moderate Buy”.

About Nomura Research Institute

Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.

NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.