Short Interest in Ntt Data Corporation (OTCMKTS:NTDTY) Declines By 71.4%

Key Points

• Ntt Data Corporation experienced a significant decline in short interest by 71.4%, totaling 200 shares as of September 30th, down from 700 shares.
• The stock price remained flat at $23.50 with a market cap of $32.95 billion and a 12-month trading range between $14.58 and $29.99.
• In their latest earnings report, Ntt Data announced an earnings per share of $0.10 and reported quarterly revenue of $7.64 billion.

Ntt Data Corporation (OTCMKTS:NTDTY - Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 200 shares, a drop of 71.4% from the September 15th total of 700 shares. Based on an average daily volume of 11,800 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 11,800 shares, the short-interest ratio is presently 0.0 days.

Ntt Data Stock Performance

NTDTY remained flat at $23.50 during midday trading on Friday. The company's stock had a trading volume of 71 shares, compared to its average volume of 6,829. The business has a fifty day moving average of $26.07 and a 200 day moving average of $25.20. The stock has a market cap of $32.95 billion, a price-to-earnings ratio of 34.56 and a beta of 1.02. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.58. Ntt Data has a 12 month low of $14.58 and a 12 month high of $29.99.

Ntt Data (OTCMKTS:NTDTY - Get Free Report) last announced its quarterly 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 4.98% and a net margin of 3.06%.The company had revenue of $7.64 billion for the quarter. On average, equities analysts anticipate that Ntt Data will post 0.65 EPS for the current 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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