Ntt Data (OTCMKTS:NTDTY) Shares Up 3% - Time to Buy?

Key Points

• Ntt Data Corporation's stock price rose by 3% to $27.05, with approximately 1,319 shares traded, which is a 17% decrease from its average daily volume.
• The company reported $0.10 EPS for the recent quarter, with revenue of $7.64 billion, and has a projected EPS of 0.65 for the current fiscal year.
• Ntt Data has a market cap of $37.92 billion and a P/E ratio of 39.77, indicating it operates with a relatively high valuation compared to its earnings.

Shares of Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) shot up 3% during trading on Monday . The company traded as high as $27.05 and last traded at $27.05. 1,319 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 1,590 shares. The stock had previously closed at $26.27.

Ntt Data Price Performance

The business has a 50 day moving average of $26.68 and a 200 day moving average of $24.02. The company has a market cap of $37.63 billion, a PE ratio of 39.47 and a beta of 0.95. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.96 and a quick ratio of 0.94.

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