Ntt Data (OTCMKTS:NTDTY) Shares Down 14% – Here’s Why

Ntt Data Corporation (OTCMKTS:NTDTYGet Free Report) fell 14% during trading on Thursday . The company traded as low as $23.00 and last traded at $23.00. 573 shares were traded during mid-day trading, a decline of 94% from the average session volume of 9,904 shares. The stock had previously closed at $26.75.

Ntt Data Trading Down 15.9%

The stock has a 50-day moving average of $24.93 and a 200 day moving average of $25.77. The stock has a market cap of $31.55 billion, a PE ratio of 33.09 and a beta of 0.98. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.58.

Ntt Data (OTCMKTS:NTDTYGet Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.10 EPS for the quarter. The firm had revenue of $7.64 billion for the quarter. Ntt Data had a return on equity of 4.98% and a net margin of 3.06%. As a group, sell-side analysts anticipate that Ntt Data Corporation will post 0.65 earnings per share for the current year.

About Ntt Data

(Get Free Report)

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.

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