Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute (OTCMKTS:NRILY) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 597 shares, a decrease of 96.7% from the December 15th total of 17,948 shares. Based on an average daily trading volume, of 61,681 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 61,681 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Several research analysts have commented on NRILY shares. Citigroup raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 19th. Zacks Research cut shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Monday, December 22nd. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Nomura Research Institute Price Performance

OTCMKTS:NRILY traded down $0.54 during mid-day trading on Wednesday, hitting $38.60. 15,923 shares of the company’s stock traded hands, compared to its average volume of 28,019. Nomura Research Institute has a 1 year low of $27.61 and a 1 year high of $43.20. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.84 and a current ratio of 1.72. The firm’s 50 day simple moving average is $39.46 and its 200 day simple moving average is $38.95. The company has a market cap of $22.44 billion, a PE ratio of 32.44 and a beta of 0.70.

Nomura Research Institute (OTCMKTS:NRILY) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.36 billion. Nomura Research Institute had a net margin of 12.96% and a return on equity of 22.63%. Sell-side analysts expect that Nomura Research Institute will post 1.04 EPS for the current year.

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.