Nomura Research Institute (OTCMKTS:NRILY) Short Interest Up 190.3% in February

Nomura Research Institute (OTCMKTS:NRILY) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 19,446 shares, a growth of 190.3% from the January 29th total of 6,698 shares. Based on an average daily trading volume, of 739,260 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 739,260 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NRILY. Zacks Research raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Citigroup upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Nomura Research Institute presently has an average rating of “Hold”.

Nomura Research Institute Trading Up 9.0%

Shares of NRILY stock traded up $2.22 during mid-day trading on Thursday, reaching $26.88. The stock had a trading volume of 107,461 shares, compared to its average volume of 181,365. The company has a current ratio of 2.08, a quick ratio of 1.84 and a debt-to-equity ratio of 0.42. The stock’s 50-day moving average price is $33.95 and its two-hundred day moving average price is $37.35. The firm has a market capitalization of $15.62 billion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 1.57 and a beta of 0.70. Nomura Research Institute has a 52-week low of $22.73 and a 52-week high of $43.20.

Nomura Research Institute (OTCMKTS:NRILY) last announced its quarterly earnings results on Thursday, January 29th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. Nomura Research Institute had a return on equity of 22.45% and a net margin of 13.17%.The company had revenue of $1.33 billion for the quarter. Equities analysts expect that Nomura Research Institute will post 1.04 earnings per share for the current fiscal 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.