Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute (OTCMKTS:NRILY) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 15,387 shares, an increase of 249.9% from the May 14th total of 4,398 shares. Based on an average daily volume of 94,632 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Nomura Research Institute Trading Up 0.3%

Shares of OTCMKTS NRILY traded up $0.08 during trading on Thursday, reaching $28.95. The company had a trading volume of 25,382 shares, compared to its average volume of 118,973. The company’s fifty day moving average price is $29.04 and its 200-day moving average price is $31.90. Nomura Research Institute has a 12 month low of $22.73 and a 12 month high of $43.20. The stock has a market cap of $16.60 billion, a P/E ratio of 131.59, a PEG ratio of 1.64 and a beta of 0.69. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.49.

Nomura Research Institute (OTCMKTS:NRILY) last released its quarterly 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 net margin of 2.33% and a return on equity of 4.03%. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $227 billion. As a group, research analysts expect that Nomura Research Institute will post 1.4 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Jefferies Financial Group upgraded Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Nomura Research Institute has a consensus rating of “Moderate Buy”.

About Nomura Research Institute

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.