NTT DATA Group Co. (OTCMKTS:NTDTY) Short Interest Down 78.6% in May

NTT DATA Group Co. (OTCMKTS:NTDTY - Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 1,800 shares, a decline of 78.6% from the May 15th total of 8,400 shares. Based on an average trading volume of 25,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's stock are sold short.

NTT DATA Group Price Performance

NTDTY traded up $0.26 on Friday, hitting $26.98. 1,009 shares of the company's stock were exchanged, compared to its average volume of 14,785. 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 firm has a 50-day moving average price of $23.80 and a 200-day moving average price of $20.71. The stock has a market cap of $37.83 billion, a price-to-earnings ratio of 40.88 and a beta of 0.91. NTT DATA Group has a fifty-two week low of $12.71 and a fifty-two week high of $29.99.

NTT DATA Group (OTCMKTS:NTDTY - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.22 earnings per share (EPS) for the quarter. NTT DATA Group had a return on equity of 5.02% and a net margin of 3.05%. The firm had revenue of $8.07 billion for the quarter, compared to the consensus estimate of $8.34 billion. As a group, equities analysts anticipate that NTT DATA Group will post 0.65 earnings per share for the current year.

About NTT DATA Group

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.