Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute (OTCMKTS:NRILY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 40,725 shares, a growth of 319.5% from the June 30th total of 9,708 shares. Based on an average trading volume of 97,279 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

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

Nomura Research Institute Trading Up 4.7%

Shares of NRILY opened at $31.70 on Tuesday. Nomura Research Institute has a 12-month low of $22.73 and a 12-month high of $43.20. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $17.79 billion, a price-to-earnings ratio of 144.09, a P/E/G ratio of 1.74 and a beta of 0.71. The stock’s 50-day moving average price is $29.68 and its 200 day moving average price is $29.56.

Nomura Research Institute (OTCMKTS:NRILY) last posted 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). Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $227 billion. As a group, research analysts predict that Nomura Research Institute will post 1.39 earnings per share for the current year.

Nomura Research Institute Company Profile

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.