Ntt Data (OTCMKTS:NTDTY) Shares Down 14% – Time to Sell?

Ntt Data Corporation (OTCMKTS:NTDTY) shares traded down 14% during mid-day trading on Thursday . The company traded as low as $23.00 and last traded at $23.00. 573 shares were traded 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 Stock Performance

The company’s 50 day moving average price is $24.81 and its 200-day moving average price is $25.79. The stock has a market cap of $34.53 billion, a P/E ratio of 36.21 and a beta of 0.98. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.94 and a current ratio of 0.96.

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

About Ntt Data

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.