Nomura Research Institute (OTCMKTS:NRILY) Short Interest Update

by · The Cerbat Gem

Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 3,098 shares, a drop of 76.4% from the August 15th total of 13,154 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 33,498 shares, the short-interest ratio is presently 0.1 days.

Nomura Research Institute Trading Up 1.4%

Shares of Nomura Research Institute stock traded up $0.45 during trading on Friday, hitting $32.00. 10,534 shares of the company were exchanged, compared to its average volume of 17,837. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.62 and a quick ratio of 1.62. The firm has a market capitalization of $17.96 billion, a P/E ratio of 139.13 and a beta of 0.71. The firm’s fifty day moving average price is $31.42 and its 200 day moving average price is $29.29. Nomura Research Institute has a 1-year low of $22.73 and a 1-year high of $42.93.

Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02). The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $206.14 billion. Nomura Research Institute had a return on equity of 4.38% and a net margin of 2.41%. As a group, sell-side analysts expect that Nomura Research Institute will post 1.38 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Nomura Research Institute presently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on NRILY

About Nomura Research Institute

(Get Free Report)

Nomura Research Institute, Ltd. (OTCMKTS:NRILY) is a Japanese consulting and information technology services company headquartered in Tokyo. The company helps businesses and government organizations address strategic, operational and technology-related challenges through management consulting, digital transformation services and systems integration.

NRI’s business includes financial IT solutions for banks, securities firms, asset managers and other financial institutions, as well as industrial IT solutions for companies in sectors such as retail, manufacturing and telecommunications.

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