Nomura Research Institute (OTCMKTS:NRILY) Stock Short Interest Report for September

Key Points

• Short interest fell 80.7% in September to 2,655 shares, representing approximately 0.0% of outstanding shares and just 0.1 days to cover.
• NRILY shares recently traded at $35.52, above both their 50-day and 200-day moving averages, with a market capitalization of $19.93 billion and a P/E ratio of 154.43.
• The company slightly missed quarterly EPS expectations, reporting $0.32 versus the $0.34 consensus estimate. Analyst sentiment remains mixed, with a current consensus rating of Hold after Zacks downgraded the stock to Strong Sell.

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,655 shares, a decrease of 80.7% from the September 15th total of 13,721 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 35,253 shares, the days-to-cover ratio is presently 0.1 days.

Nomura Research Institute Price Performance

Shares of OTCMKTS NRILY traded up $1.65 during midday trading on Friday, reaching $35.52. 7,732 shares of the company were exchanged, compared to its average volume of 19,360. The stock's 50-day moving average price is $31.97 and its 200-day moving average price is $30.15. The stock has a market cap of $19.93 billion, a P/E ratio of 154.43 and a beta of 0.75. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.56. Nomura Research Institute has a one year low of $22.73 and a one year high of $42.93.

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

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded shares of Nomura Research Institute from a "hold" rating to a "strong sell" rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold".

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. (NRI) is a Japanese information technology and consulting company that provides business strategy, systems integration, and technology services. The company works with financial institutions, corporations, and government organizations to support digital transformation, business process improvement, and the development of technology-based services.

NRI's offerings include management and systems consulting, financial information technology solutions, industrial and enterprise IT solutions, cloud and other technology platforms, and business process outsourcing.

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