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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 strong trading volume on Wednesday . 48,076 shares traded hands during mid-day 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 Trading Up 2.2%

The stock has a market capitalization of $38.59 billion, a P/E ratio of 40.48 and a beta of 0.91. The firm's 50 day moving average price is $24.83 and its 200 day moving average price is $20.97. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.97 and a quick ratio of 0.95.

Ntt Data (OTCMKTS:NTDTY - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $8.07 billion for the quarter, compared to the consensus estimate of $8.34 billion. Ntt Data had a return on equity of 4.99% and a net margin of 3.08%. As a group, equities research analysts expect that Ntt Data Corporation will post 0.65 earnings per share for the current fiscal 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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