NTT DATA Group (OTCMKTS:NTDTY) Shares Down 4% – Time to Sell?

NTT DATA Group Co. (OTCMKTS:NTDTY)’s stock price was down 4% during trading on Friday . The company traded as low as $16.93 and last traded at $17.30. Approximately 2,919 shares changed hands during trading, a decline of 75% from the average daily volume of 11,520 shares. The stock had previously closed at $18.03.

Analyst Upgrades and Downgrades

Separately, Citigroup raised NTT DATA Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 26th.

NTT DATA Group Price Performance

The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 0.51. The firm has a market cap of $24.26 billion, a price-to-earnings ratio of 25.82 and a beta of 1.10. The company’s 50-day moving average price is $16.89 and its 200-day moving average price is $15.51.

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.