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Ntt Data (OTCMKTS:NTDTY) Stock Price Down 13% - What's Next?

Ntt Data logo with Business Services background

Key Points

  • Ntt Data Corporation's shares fell by 13%, closing at $20.00 after trading as low as that price during the day.
  • Approximately 978 shares changed hands, marking a decline of 91% from its average daily volume of 10,383 shares.
  • The company reported earnings per share (EPS) of $0.10 and revenue of $7.64 billion for the last quarter, with an expected EPS of 0.65 for the current fiscal year.
  • Five stocks to consider instead of Ntt Data.

Shares of Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) dropped 13% during trading on Wednesday . The company traded as low as $20.00 and last traded at $20.00. Approximately 978 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 10,383 shares. The stock had previously closed at $23.00.

Ntt Data Trading Down 13.0%

The company has a debt-to-equity ratio of 0.58, a current ratio of 0.96 and a quick ratio of 0.94. The business's 50-day moving average is $25.85 and its two-hundred day moving average is $25.32. The firm has a market cap of $28.04 billion, a P/E ratio of 29.41 and a beta of 1.02.

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