Ntt Data (OTCMKTS:NTDTY) Trading Down 7.7% – Here’s What Happened

Ntt Data Corporation (OTCMKTS:NTDTY) shares dropped 7.7% on Thursday . The company traded as low as $24.00 and last traded at $24.00. Approximately 1,365 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 9,122 shares. The stock had previously closed at $26.00.

Ntt Data Trading Down 4.2%

The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.94 and a current ratio of 0.96. The firm has a market capitalization of $32.25 billion, a price-to-earnings ratio of 33.82 and a beta of 0.99. The business has a fifty day moving average price of $23.33 and a 200 day moving average price of $25.54.

About Ntt Data

NTT Data is a global information technology services provider that delivers consulting, systems integration, application development and maintenance, cloud and infrastructure services, managed IT services, and digital transformation solutions. Its offerings span enterprise application implementations (including ERP and CRM), data analytics and artificial intelligence, cybersecurity and risk management, and industry-specific software and platforms. The company works with large enterprises and public-sector organizations to modernize IT environments, migrate workloads to the cloud, and deploy next-generation digital services.

Originally formed within the broader NTT corporate family, NTT Data has grown through both organic expansion and strategic acquisitions, building a multinational footprint.