NTT DATA CORP/ADR (OTCMKTS:NTDTY) Lowered to Sell at Zacks Investment Research

Zacks Investment Research lowered shares of NTT DATA CORP/ADR (OTCMKTS:NTDTY) from a hold rating to a sell rating in a report published on Wednesday, Zacks.com reports.

According to Zacks, “NTT DATA Corp. is engaged in the development and integration of information technology and data communication systems. Its operating segment consists of Public and Financial IT Services, Enterprise IT Services, Solutions and Technologies, Global Business and Others. Public and Financial IT Services segment provides IT services which support social infrastructure in the public administration, healthcare and financial sectors. Enterprise IT Services segment offers IT services in the fields of manufacturing, retail, logistics, communications, broadcasting and utilities. Solutions and Technologies segment renders platforms and solutions that support IT services. Global Business segment delivers IT services. Others segment supports the business activities of the head office. NTT DATA Corp. is headquartered in Tokyo, Japan. “

Several other brokerages have also commented on NTDTY. Daiwa Capital Markets upgraded shares of NTT DATA CORP/ADR from a neutral rating to a buy rating in a research note on Tuesday, June 11th. ValuEngine upgraded shares of NTT DATA CORP/ADR from a hold rating to a buy rating in a research note on Wednesday, June 12th.



Shares of OTCMKTS:NTDTY opened at $13.09 on Wednesday. The company’s fifty day moving average price is $13.11 and its 200 day moving average price is $11.64. NTT DATA CORP/ADR has a 12 month low of $10.40 and a 12 month high of $14.25. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.19 and a quick ratio of 1.17. The firm has a market capitalization of $18.36 billion, a P/E ratio of 21.82 and a beta of 1.56.

NTT DATA CORP/ADR Company Profile

NTT DATA Corporation provides consulting, system development, and business information technology (IT) outsourcing services worldwide. It operates through Public & Social Infrastructure, Financial, Enterprise & Solutions, North America, and EME and LATAM segments. The company offers value-added IT services for government, medical, telecommunications, electric power, and other social infrastructure; financial institutions; and the manufacturing, distribution, and servicing industries, as well as payment services and platform solutions.

Read More: Quick Ratio

Get a free copy of the Zacks research report on NTT DATA CORP/ADR (NTDTY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for NTT DATA CORP/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NTT DATA CORP/ADR and related companies with MarketBeat.com's FREE daily email newsletter.