Ntt Data (OTCMKTS:NTDTY) Shares Gap Down – Here’s What Happened

Ntt Data Corporation (OTCMKTS:NTDTY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $24.39, but opened at $23.00. Ntt Data shares last traded at $23.00, with a volume of 192 shares trading hands.

Ntt Data Trading Down 5.7%

The firm has a 50-day moving average of $25.08 and a 200 day moving average of $25.70. The company has a market cap of $32.25 billion, a P/E ratio of 33.82 and a beta of 0.98. The company has a current ratio of 0.96, a quick ratio of 0.94 and a debt-to-equity ratio of 0.58.

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