Ntt Data Corporation (OTCMKTS:NTDTY) Sees Significant Decrease in Short Interest

Key Points

• Ntt Data Corporation experienced a significant decline in short interest, dropping by 50% to 200 shares as of July 31st from 400 shares on July 15th.
• The company's latest quarterly report revealed earnings of $0.10 per share and revenues of $7.64 billion, with an anticipated 0.65 earnings per share for the current fiscal year.
• Ntt Data's stock is currently priced at $26.95 with a market capitalization of $37.79 billion, reflecting a P/E ratio of 39.63.

Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 200 shares, adecreaseof50.0% from the July 15th total of 400 shares. Approximately0.0% of the company's shares are sold short. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 0.1 days. Approximately0.0% of the company's shares are sold short.

Ntt Data Trading Up 0.2%

Shares of NTDTY stock traded up $0.0450 on Wednesday, reaching $26.36. 733 shares of the company's stock were exchanged, compared to its average volume of 11,973. The company's fifty day simple moving average is $26.94 and its 200 day simple moving average is $23.22. Ntt Data has a 52 week low of $13.94 and a 52 week high of $29.99. The company has a current ratio of 0.97, a quick ratio of 0.95 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $36.96 billion, a PE ratio of 38.76 and a beta of 0.92.

Ntt Data (OTCMKTS:NTDTY - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.10 EPS for the quarter. Ntt Data had a return on equity of 5.03% and a net margin of 3.06%.The company had revenue of $7.64 billion for the quarter. As a group, analysts forecast that Ntt Data will post 0.65 EPS 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.