NTT DATA Group Co. (OTCMKTS:NTDTY – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 3,700 shares, a decrease of 69.4% from the September 30th total of 12,100 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is currently 1.1 days.
Analysts Set New Price Targets
Separately, Citigroup upgraded shares of NTT DATA Group from a “hold” rating to a “strong-buy” rating in a report on Monday, August 26th.
Get Our Latest Research Report on NTT DATA Group
NTT DATA Group Trading Down 1.8 %
NTT DATA Group (OTCMKTS:NTDTY – Get Free Report) last posted its earnings results on Tuesday, August 6th. The company reported $0.10 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%. The business had revenue of $7.13 billion during the quarter. Research analysts predict 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.
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