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

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

Ntt Data Price Performance

The firm 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. The stock has a 50 day moving average price of $24.93 and a two-hundred day moving average price of $25.77.

Ntt Data (OTCMKTS:NTDTY) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.10 earnings per share for the quarter. Ntt Data had a return on equity of 4.98% and a net margin of 3.06%.The business had revenue of $7.64 billion for the quarter. As a group, equities analysts expect that Ntt Data Corporation will post 0.65 earnings per share for the current year.

Ntt Data Company Profile

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.