Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute (OTCMKTS:NRILY) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 17,948 shares, a growth of 93.9% from the November 30th total of 9,256 shares. Based on an average daily volume of 46,128 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 46,128 shares, the short-interest ratio is currently 0.4 days.

Nomura Research Institute Stock Performance

Nomura Research Institute stock opened at $38.40 on Monday. The company’s 50-day moving average price is $39.13 and its 200-day moving average price is $39.05. The company has a quick ratio of 1.84, a current ratio of 1.72 and a debt-to-equity ratio of 0.44. The company has a market cap of $22.32 billion, a PE ratio of 32.26 and a beta of 0.71. Nomura Research Institute has a twelve month low of $27.23 and a twelve month high of $43.20.

Nomura Research Institute (OTCMKTS:NRILY) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.33 EPS for the quarter. Nomura Research Institute had a net margin of 12.96% and a return on equity of 22.63%. The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.36 billion. On average, equities research analysts forecast that Nomura Research Institute will post 1.04 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NRILY. Zacks Research cut Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Monday, December 22nd. Citigroup upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

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.