NTT DATA Group Co. (OTCMKTS:NTDTY – Get Free Report) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 3,700 shares, a drop of 69.4% from the September 30th total of 12,100 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is presently 1.1 days.
Analyst Upgrades and Downgrades
Separately, Citigroup upgraded NTT DATA Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 26th.
View Our Latest Stock Report on NTT DATA Group
NTT DATA Group Stock Performance
NTT DATA Group (OTCMKTS:NTDTY – Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.10 earnings per share for the quarter. The company had revenue of $7.13 billion for the quarter. NTT DATA Group had a return on equity of 5.02% and a net margin of 3.05%. As a group, sell-side analysts anticipate that NTT DATA Group will post 0.65 earnings per share for the current 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.
Recommended Stories
- Five stocks we like better than NTT DATA Group
- How to buy stock: A step-by-step guide for beginners
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What Are Dividend Contenders? Investing in Dividend Contenders
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for NTT DATA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NTT DATA Group and related companies with MarketBeat.com's FREE daily email newsletter.