Nomura Research Institute (OTCMKTS:NRILY) Short Interest Up 190.3% in February

Nomura Research Institute (OTCMKTS:NRILY) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 19,446 shares, a growth of 190.3% from the January 29th total of 6,698 shares. Based on an average daily volume of 739,260 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 739,260 shares, the days-to-cover ratio is currently 0.0 days.

Nomura Research Institute Stock Up 9.0%

Shares of Nomura Research Institute stock traded up $2.22 during midday trading on Thursday, hitting $26.88. The company had a trading volume of 107,461 shares, compared to its average volume of 181,365. Nomura Research Institute has a 52-week low of $22.73 and a 52-week high of $43.20. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.84 and a current ratio of 2.08. The stock has a market capitalization of $15.62 billion, a P/E ratio of 21.85, a P/E/G ratio of 1.57 and a beta of 0.70. The company has a 50 day moving average of $33.95 and a 200 day moving average of $37.35.

Nomura Research Institute (OTCMKTS:NRILY) last released its 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. Nomura Research Institute had a return on equity of 22.45% and a net margin of 13.17%.The business had revenue of $1.33 billion for the quarter. On average, equities analysts predict that Nomura Research Institute will post 1.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on NRILY shares. Citigroup raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, Nomura Research Institute presently has a consensus rating of “Hold”.

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.