Ntt Data (OTCMKTS:NTDTY) Stock Price Up 10% – Here’s What Happened

Shares of Ntt Data Corporation (OTCMKTS:NTDTY) rose 10% on Friday . The stock traded as high as $22.00 and last traded at $22.00. Approximately 1,336 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 10,298 shares. The stock had previously closed at $20.00.

Ntt Data Trading Up 10.0%

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 fifty day moving average of $25.47 and a two-hundred day moving average of $25.41. The stock has a market capitalization of $30.85 billion, a price-to-earnings ratio of 32.35 and a beta of 1.02.

Ntt Data (OTCMKTS:NTDTY) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.10 earnings per share for the quarter. The firm had revenue of $7.64 billion during the quarter. Ntt Data had a return on equity of 4.98% and a net margin of 3.06%. On average, research analysts expect 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.