Short Interest in Nomura Research Institute, Ltd. (OTCMKTS:NRILY) Rises By 342.0%

Nomura Research Institute, Ltd. (OTCMKTS:NRILY - Get Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 35,800 shares, a growth of 342.0% from the March 31st total of 8,100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 106,300 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group downgraded Nomura Research Institute from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 27th.

Nomura Research Institute Price Performance

NRILY stock traded down $0.67 during trading on Friday, reaching $37.51. 15,674 shares of the company were exchanged, compared to its average volume of 51,804. Nomura Research Institute has a 52-week low of $24.13 and a 52-week high of $39.48. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.97 and a current ratio of 1.81. The company has a market cap of $21.80 billion, a P/E ratio of 35.72 and a beta of 0.74. The stock's 50 day moving average price is $34.66 and its 200 day moving average price is $32.31.

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.25 earnings per share for the quarter. The business had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.42 billion. Nomura Research Institute had a return on equity of 21.78% and a net margin of 11.96%. As a group, analysts predict that Nomura Research Institute will post 1.04 earnings per share for the current fiscal year.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. provides consulting, financial information technology (IT) solution, industrial IT solution, and IT platform services in Japan and internationally. Its Consulting segment offers management, operational, and system consulting services for enterprises and government agencies.

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