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

Key Points

• Ntt Data Corporation experienced a significant decline in short interest, dropping from 300 shares on August 15th to just 100 shares by the end of August, marking a decrease of 66.7%.
• The company's earnings results for the quarter ending August 5th showed an EPS of $0.10 and revenue of $7.64 billion, with a net margin of 3.06%.
• Ntt Data's stock is currently priced at $26.80, with a market capitalization of $37.58 billion and a P/E ratio of 39.41.

Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 100 shares, a drop of 66.7% from the August 15th total of 300 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 0.0 days.

Ntt Data Price Performance

Shares of OTCMKTS:NTDTY traded down $0.30 during trading on Wednesday, reaching $26.98. 573 shares of the company's stock traded hands, compared to its average volume of 1,562. Ntt Data has a fifty-two week low of $14.58 and a fifty-two week high of $29.99. 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 firm has a market cap of $37.83 billion, a PE ratio of 39.68 and a beta of 0.95. The company has a 50-day simple moving average of $26.69 and a 200-day simple moving average of $24.18.

Ntt Data (OTCMKTS:NTDTY - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.10 EPS for the quarter. Ntt Data had a return on equity of 4.98% and a net margin of 3.06%.The firm had revenue of $7.64 billion for the quarter. As a group, analysts predict that Ntt Data 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.