NTT DATA Group (OTCMKTS:NTDTY) Stock Price Down 4% – Here’s What Happened

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 raised 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 Trading Down 4.0 %

The company has a market capitalization of $24.26 billion, a PE ratio of 25.82 and a beta of 1.10. The company has a fifty day simple moving average of $16.89 and a 200-day simple moving average of $15.51. The company has a current ratio of 0.97, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51.

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.