Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute (OTCMKTS:NRILY) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 34,378 shares, an increase of 7,590.8% from the February 26th total of 447 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 316,596 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 316,596 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

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

Nomura Research Institute Price Performance

OTCMKTS NRILY opened at $26.50 on Wednesday. The company has a quick ratio of 1.84, a current ratio of 2.08 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $15.40 billion, a PE ratio of 21.54, a price-to-earnings-growth ratio of 1.89 and a beta of 0.73. The company has a 50 day moving average price of $29.42 and a two-hundred day moving average price of $35.56. Nomura Research Institute has a 12-month low of $22.73 and a 12-month high of $43.20.

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

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.