Short Interest in Nomura Research Institute (OTCMKTS:NRILY) Grows By 1,205.9%

Nomura Research Institute (OTCMKTS:NRILY) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 7,796 shares, a growth of 1,205.9% from the December 31st total of 597 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 54,277 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 54,277 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Nomura Research Institute Trading Down 1.4%

Shares of NRILY opened at $37.58 on Thursday. Nomura Research Institute has a 1-year low of $30.97 and a 1-year high of $43.20. The company has a current ratio of 1.72, a quick ratio of 1.84 and a debt-to-equity ratio of 0.44. The firm’s 50-day moving average price is $39.12 and its 200-day moving average price is $38.93. The firm has a market capitalization of $21.84 billion, a price-to-earnings ratio of 31.58, a PEG ratio of 2.57 and a beta of 0.70.

Nomura Research Institute (OTCMKTS:NRILY) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.33 EPS for the quarter. The business had revenue of $1.37 billion during the quarter, compared to analyst estimates 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 anticipate that Nomura Research Institute will post 1.04 EPS for the current year.

Analyst Upgrades and Downgrades

NRILY has been the topic of several recent analyst reports. Citigroup upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Zacks Research cut shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research report on Monday, December 22nd. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Nomura Research Institute presently has an average rating of “Reduce”.

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.