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Ntt Data (OTCMKTS:NTDTY) Sees Unusually-High Trading Volume - Still a Buy?

Ntt Data logo with Business Services background

Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 48,076 shares traded hands during trading, an increase of 229% from the previous session's volume of 14,631 shares.The stock last traded at $28.49 and had previously closed at $27.45.

Ntt Data Stock Down 1.9%

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 cap of $37.76 billion, a P/E ratio of 39.60 and a beta of 0.91. The company's 50 day moving average price is $24.24 and its two-hundred day moving average price is $20.81.

Ntt Data (OTCMKTS:NTDTY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.22 earnings per share for the quarter. Ntt Data had a net margin of 3.08% and a return on equity of 4.99%. The business had revenue of $8.07 billion for the quarter, compared to analysts' expectations of $8.34 billion. Equities analysts forecast that Ntt Data Corporation will post 0.65 earnings per share for the current year.

About Ntt Data

(Get Free Report)

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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