Ntt Data (OTCMKTS:NTDTY) Shares Gap Up - Should You Buy?

Key Points

• Ntt Data Corporation shares increased from $20.00 to $21.00 before the market opened, reflecting a gap up in trading.
• The company reported a net margin of 3.06% with a revenue of $7.64 billion during its last earnings results published on August 5th.
• Analysts project Ntt Data will achieve 0.65 earnings per share for the current fiscal year, highlighting growth potential.

Shares of Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $20.00, but opened at $21.00. Ntt Data shares last traded at $21.00, with a volume of 324 shares trading hands.

Ntt Data Price Performance

The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $29.44 billion, a P/E ratio of 30.88 and a beta of 1.02. The company's 50-day simple moving average is $25.93 and its 200 day simple moving average is $25.33.

Ntt Data (OTCMKTS:NTDTY - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.10 EPS for the quarter. The company had revenue of $7.64 billion during the quarter. Ntt Data had a net margin of 3.06% and a return on equity of 4.98%. As a group, sell-side analysts expect that Ntt Data Corporation will post 0.65 earnings per share for the current fiscal year.

About Ntt Data

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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