Nomura Research Institute (OTCMKTS:NRILY) Short Interest Down 14.1% in January

Nomura Research Institute (OTCMKTS:NRILY) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 6,698 shares, a decline of 14.1% from the January 15th total of 7,796 shares. Based on an average trading volume of 114,193 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 114,193 shares, the days-to-cover ratio is presently 0.1 days.

Nomura Research Institute Stock Down 1.1%

Nomura Research Institute stock opened at $26.82 on Tuesday. Nomura Research Institute has a one year low of $25.50 and a one year high of $43.20. The stock has a fifty day moving average of $36.03 and a 200 day moving average of $38.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.84 and a current ratio of 2.08. The stock has a market cap of $15.59 billion, a PE ratio of 21.80, a price-to-earnings-growth ratio of 1.81 and a beta of 0.70.

Nomura Research Institute (OTCMKTS:NRILY) last issued its quarterly earnings data on Thursday, January 29th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.01. The firm had revenue of $1.33 billion for the quarter. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%. As a group, sell-side analysts predict that Nomura Research Institute will post 1.04 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Zacks Research downgraded shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research report on Monday, December 22nd. Citigroup upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently 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.