Nomura Research Institute (OTCMKTS:NRILY) Sees Large Decrease in Short Interest

Nomura Research Institute (OTCMKTS:NRILY) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 2,655 shares, a decline of 80.7% from the September 15th total of 13,721 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 35,253 shares, the days-to-cover ratio is currently 0.1 days.

Nomura Research Institute Stock Down 0.1%

Shares of OTCMKTS:NRILY opened at $35.50 on Tuesday. 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 stock has a market cap of $19.92 billion, a price-to-earnings ratio of 154.35 and a beta of 0.75. The company has a 50 day moving average of $32.07 and a 200-day moving average of $30.23. Nomura Research Institute has a one year low of $22.73 and a one year high of $42.93.

Nomura Research Institute (OTCMKTS:NRILY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $206.14 billion. Nomura Research Institute had a net margin of 2.41% and a return on equity of 4.38%. On average, sell-side analysts forecast that Nomura Research Institute will post 1.38 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered 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 issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

About Nomura Research Institute

Nomura Research Institute, Ltd. (NRI) is a Japanese information technology and consulting company that provides business strategy, systems integration, and technology services. The company works with financial institutions, corporations, and government organizations to support digital transformation, business process improvement, and the development of technology-based services.

NRI’s offerings include management and systems consulting, financial information technology solutions, industrial and enterprise IT solutions, cloud and other technology platforms, and business process outsourcing.