Short Interest in Nomura Research Institute (OTCMKTS:NRILY) Expands By 319.5%

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 40,725 shares, an increase of 319.5% from the June 30th total of 9,708 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 97,279 shares, the days-to-cover ratio is currently 0.4 days.

Wall Street Analyst Weigh In

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

Read Our Latest Research Report on NRILY

Nomura Research Institute Stock Performance

OTCMKTS:NRILY opened at $30.29 on Friday. The business’s fifty day moving average is $29.62 and its 200 day moving average is $29.68. The firm has a market cap of $17.00 billion, a price-to-earnings ratio of 137.68, a PEG ratio of 1.74 and a beta of 0.71. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.84 and a current ratio of 1.84. Nomura Research Institute has a 52-week low of $22.73 and a 52-week high of $43.20.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported ($0.76) earnings per share for the quarter, missing the consensus estimate of $31.34 by ($32.10). The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $227 billion. Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%. Research analysts predict that Nomura Research Institute will post 1.39 EPS for the current year.

About Nomura Research Institute

(Get Free Report)

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.

Further Reading

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