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

Key Points

• Ntt Data Corporation shares gapped down significantly, opening at $24.00 after closing at $26.39.
• The company reported a quarterly EPS of $0.10 and anticipates a full-year EPS of 0.65, with a market capitalization of $36.03 billion.
• Ntt Data provides a range of IT and business services, including cloud, cybersecurity, and IT modernization, targeting various sectors globally.

Shares of Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $26.39, but opened at $24.00. Ntt Data shares last traded at $24.00, with a volume of 151 shares trading hands.

Ntt Data Trading Up 5.8%

The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $38.56 billion, a P/E ratio of 40.44 and a beta of 0.92. The firm has a 50 day moving average of $27.08 and a 200-day moving average of $22.85.

Ntt Data (OTCMKTS:NTDTY - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.10 earnings per share for the quarter. Ntt Data had a return on equity of 5.03% and a net margin of 3.06%. The firm had revenue of $7.64 billion during the quarter. On average, equities research analysts predict that Ntt Data Corporation will post 0.65 earnings per share for the current fiscal 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.