Nomura Research Institute (OTCMKTS:NRILY) Short Interest Down 55.3% in April

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 14,212 shares, a drop of 55.3% from the April 15th total of 31,789 shares. Based on an average daily trading volume, of 71,109 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Nomura Research Institute Price Performance

Shares of NRILY traded up $1.10 during midday trading on Friday, reaching $27.51. 50,864 shares of the stock were exchanged, compared to its average volume of 45,174. The business’s 50-day moving average price is $27.89 and its 200 day moving average price is $33.02. Nomura Research Institute has a twelve month low of $22.73 and a twelve month high of $43.20. The company has a market capitalization of $15.78 billion, a price-to-earnings ratio of 125.05, a PEG ratio of 1.57 and a beta of 0.64.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last posted its earnings results on Friday, April 24th. The company reported ($0.76) EPS for the quarter, missing analysts’ consensus estimates of $31.34 by ($32.10). Nomura Research Institute had a return on equity of 3.93% and a net margin of 2.33%.The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $227 billion. As a group, equities research analysts expect that Nomura Research Institute will post 1.4 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on NRILY shares. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Jefferies Financial Group upgraded Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Read Our Latest Research Report on NRILY

Nomura Research Institute Company Profile

(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.

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