Ntt Data (OTCMKTS:NTDTY) Sees Unusually-High Trading Volume - Here's What Happened

Key Points

• Ntt Data Corporation experienced a significant increase in trading volume, with 83,304 shares changing hands, marking a 683% rise compared to the previous session's volume.
• The stock is currently trading at $26.00, down 2.4% from a previous close of $27.15, and has a market capitalization of $37.13 billion.
• For the latest quarter, Ntt Data reported an earnings per share (EPS) of $0.10 and total revenue of $7.64 billion.

Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) shares saw an uptick in trading volume on Friday . 83,304 shares changed hands during mid-day trading, an increase of 683% from the previous session's volume of 10,637 shares.The stock last traded at $26.00 and had previously closed at $27.15.

Ntt Data Trading Down 2.4%

The company has a fifty day moving average of $26.69 and a two-hundred day moving average of $24.52. The stock has a market capitalization of $37.13 billion, a price-to-earnings ratio of 38.95 and a beta of 0.95. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.58.

Ntt Data (OTCMKTS:NTDTY - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.10 EPS for the quarter. The company 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%. On average, research analysts expect that Ntt Data Corporation 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.

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