Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) was the target of a large increase in short interest during 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 trading volume of 316,596 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 316,596 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's stock are short sold.

Analysts Set New Price Targets

A number of research firms have weighed in on NRILY. Jefferies Financial Group raised Nomura Research Institute from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 18th. Zacks Research upgraded 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 issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy".

Get Our Latest Analysis on NRILY

Nomura Research Institute Stock Performance

Shares of OTCMKTS NRILY traded down $0.89 during trading hours on Tuesday, reaching $26.50. The stock had a trading volume of 126,716 shares, compared to its average volume of 179,315. The company has a market cap of $15.40 billion, a price-to-earnings ratio of 21.54, a PEG ratio of 1.80 and a beta of 0.73. Nomura Research Institute has a twelve month low of $22.73 and a twelve month high of $43.20. The business's fifty day moving average is $29.67 and its two-hundred day moving average is $35.64. 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 - Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01. The firm 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, research analysts expect that Nomura Research Institute will post 1.04 EPS for the current year.

About Nomura Research Institute

(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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