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

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

NTT DATA Group Stock Performance

Shares of OTCMKTS:NTDTY traded down $0.81 during midday trading on Friday, hitting $19.07. The stock had a trading volume of 10,603 shares, compared to its average volume of 17,040. NTT DATA Group has a 1 year low of $12.71 and a 1 year high of $21.72. The company has a current ratio of 0.97, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. The stock has a 50 day moving average price of $19.37 and a two-hundred day moving average price of $17.82. The company has a market capitalization of $26.74 billion, a PE ratio of 28.89 and a beta of 1.15.

NTT DATA Group (OTCMKTS:NTDTY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.18 earnings per share for the quarter. NTT DATA Group had a return on equity of 5.02% and a net margin of 3.05%. As a group, equities analysts predict that NTT DATA Group will post 0.65 earnings per share for the current fiscal year.

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.