NTT DATA Group Co. (OTCMKTS:NTDTY) Short Interest Update

NTT DATA Group Co. (OTCMKTS:NTDTY) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 2,400 shares, a drop of 56.4% from the August 15th total of 5,500 shares. Based on an average daily volume of 17,900 shares, the short-interest ratio is currently 0.1 days.

NTT DATA Group Stock Up 1.9 %

Shares of NTT DATA Group stock traded up $0.31 during trading hours on Friday, reaching $16.95. 4,372 shares of the company’s stock were exchanged, compared to its average volume of 12,476. The company has a current ratio of 0.97, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average of $14.73 and a two-hundred day moving average of $15.14. The stock has a market cap of $23.77 billion, a P/E ratio of 25.21 and a beta of 1.07. NTT DATA Group has a fifty-two week low of $11.27 and a fifty-two week high of $17.15.

NTT DATA Group (OTCMKTS:NTDTY) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.10 EPS for the quarter. The firm had revenue of $7.13 billion during the quarter. NTT DATA Group had a net margin of 3.05% and a return on equity of 5.02%. On average, sell-side analysts forecast that NTT DATA Group will post 0.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised shares of NTT DATA Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 26th.

About NTT DATA Group

NTT DATA Group Corporation provides IT and business services worldwide. It offers cloud, cybersecurity, data and intelligence, salesforce, SAP, ServiceNow, and application development and management, as well as 5G services. The company also provides consulting, industry solutions, business process services, and IT modernization and managed services.