NTT DATA Group (OTCMKTS:NTDTY) Trading Down 4% – What’s Next?

NTT DATA Group Co. (OTCMKTS:NTDTY) fell 4% during mid-day trading on Friday . The stock traded as low as $16.93 and last traded at $17.30. 2,919 shares traded hands during trading, a decline of 75% from the average session volume of 11,520 shares. The stock had previously closed at $18.03.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded shares of NTT DATA Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 26th.

NTT DATA Group Stock Down 4.0 %

The firm has a 50-day moving average of $16.89 and a two-hundred day moving average of $15.51. The firm has a market cap of $24.26 billion, a price-to-earnings ratio of 25.82 and a beta of 1.10. The company has a current ratio of 0.97, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51.

About NTT DATA Group

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.