NTT DATA Group Co. (OTCMKTS:NTDTY - Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 3,700 shares, a decline of 69.4% from the September 30th total of 12,100 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 1.1 days.
NTT DATA Group Price Performance
Shares of NTT DATA Group stock traded up $0.12 during midday trading on Friday, reaching $15.68. The company had a trading volume of 4,240 shares, compared to its average volume of 11,489. The stock has a fifty day simple moving average of $16.38 and a 200 day simple moving average of $15.36. NTT DATA Group has a 1-year low of $11.44 and a 1-year high of $18.80. 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 market capitalization of $21.98 billion, a price-to-earnings ratio of 23.75 and a beta of 1.08.
NTT DATA Group (OTCMKTS:NTDTY - Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported $0.10 earnings per share for the quarter. The company had revenue of $7.13 billion during the quarter. NTT DATA Group had a return on equity of 5.02% and a net margin of 3.05%. As a group, equities research analysts forecast that NTT DATA Group will post 0.65 earnings per share for the current year.
Analyst Upgrades and Downgrades
Separately, Citigroup raised shares of NTT DATA Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 26th.
Read Our Latest Research Report on NTDTY
NTT DATA Group Company Profile
(
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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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