Ntt Data (OTCMKTS:NTDTY) Shares Down 2% - Should You Sell?

Key Points

• Ntt Data Corporation's shares fell 2% during mid-day trading, closing at $26.01 after reaching a low of $26.00.
• The company reported $0.10 earnings per share and a revenue of $7.64 billion for the last quarter, with expectations of 0.65 EPS for the current year.
• Ntt Data has a market capitalization of $36.47 billion and key financial ratios indicating a relatively stable financial position, including a debt-to-equity ratio of 0.58.

Shares of Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) fell 2% during mid-day trading on Friday . The company traded as low as $26.00 and last traded at $26.01. 1,261 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 5,964 shares. The stock had previously closed at $26.53.

Ntt Data Trading Down 2.0%

The stock has a market capitalization of $36.47 billion, a PE ratio of 38.25 and a beta of 1.02. The company has a current ratio of 0.96, a quick ratio of 0.94 and a debt-to-equity ratio of 0.58. The stock has a 50 day moving average price of $26.62 and a 200-day moving average price of $24.84.

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

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