NTT DATA Group Co. (OTCMKTS:NTDTY) Sees Large Drop in Short Interest

NTT DATA Group Co. (OTCMKTS:NTDTY) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 2,500 shares, a drop of 80.5% from the January 31st total of 12,800 shares. Based on an average daily volume of 30,500 shares, the short-interest ratio is currently 0.1 days.

NTT DATA Group Stock Performance

NTT DATA Group stock traded up $0.89 during mid-day trading on Thursday, reaching $19.88. 43,099 shares of the company traded hands, compared to its average volume of 17,216. The firm’s fifty day moving average is $19.38 and its two-hundred day moving average is $17.81. The company has a market capitalization of $27.87 billion, a price-to-earnings ratio of 30.12 and a beta of 1.15. NTT DATA Group has a fifty-two week low of $12.71 and a fifty-two week high of $21.72. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.97 and a quick ratio of 0.95.

NTT DATA Group (OTCMKTS:NTDTY) last released its earnings results on Thursday, February 6th. The company reported $0.18 earnings per share (EPS) for the quarter. NTT DATA Group had a return on equity of 5.02% and a net margin of 3.05%. On average, equities research analysts expect that NTT DATA Group will post 0.65 earnings per share for the current fiscal year.

NTT DATA Group 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.