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

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

Nomura Research Institute Stock Performance

Shares of Nomura Research Institute stock opened at $25.23 on Thursday. The firm’s fifty day simple moving average is $35.46 and its 200-day simple moving average is $37.96. Nomura Research Institute has a 12 month low of $24.71 and a 12 month high of $43.20. The stock has a market capitalization of $14.66 billion, a price-to-earnings ratio of 20.51, a PEG ratio of 1.73 and a beta of 0.70. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.08 and a quick ratio of 1.84.

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

Analysts Set New Price Targets

A number of analysts have weighed in on NRILY shares. Citigroup raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Zacks Research raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Monday. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

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.