NTT DATA Group Co. (OTCMKTS:NTDTY - Get Free Report) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 12,100 shares, a growth of 31.5% from the September 15th total of 9,200 shares. Based on an average daily volume of 15,300 shares, the short-interest ratio is presently 0.8 days.
Wall Street Analysts Forecast Growth
Separately, Citigroup upgraded NTT DATA Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 26th.
Get Our Latest Research Report on NTDTY
NTT DATA Group Stock Performance
Shares of NTDTY stock traded up $1.07 during midday trading on Tuesday, hitting $17.47. The company had a trading volume of 643 shares, compared to its average volume of 11,578. The company's 50 day simple moving average is $15.85 and its 200 day simple moving average is $15.30. NTT DATA Group has a 52-week low of $11.27 and a 52-week high of $18.80. The stock has a market cap of $24.50 billion, a price-to-earnings ratio of 24.85 and a beta of 1.08. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.97 and a quick ratio of 0.95.
NTT DATA Group (OTCMKTS:NTDTY - Get Free Report) last announced its earnings results on Tuesday, August 6th. The company reported $0.10 earnings per share for the quarter. NTT DATA Group had a return on equity of 5.02% and a net margin of 3.05%. The company had revenue of $7.13 billion for the quarter. Research analysts anticipate that NTT DATA Group will post 0.65 earnings per share for the current fiscal year.
About NTT DATA Group
(
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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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