Nomura Research Institute, Ltd. (OTCMKTS:NRILY) Short Interest Update

Nomura Research Institute, Ltd. (OTCMKTS:NRILY - Get Free Report) saw a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 9,700 shares, a decrease of 95.2% from the May 15th total of 203,600 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 85,600 shares, the days-to-cover ratio is currently 0.1 days.

Nomura Research Institute Price Performance

Shares of OTCMKTS:NRILY traded up $0.41 on Friday, reaching $40.87. 22,469 shares of the company traded hands, compared to its average volume of 57,757. The stock has a market capitalization of $23.76 billion, a PE ratio of 38.92 and a beta of 0.63. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.81 and a quick ratio of 1.97. The company's 50 day moving average is $38.84 and its 200-day moving average is $34.40. Nomura Research Institute has a fifty-two week low of $26.61 and a fifty-two week high of $42.57.

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

Analysts Set New Price Targets

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

About Nomura Research Institute

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.