Zacks Investment Research lowered shares of NTT DATA CORP/ADR (OTCMKTS:NTDTY) from a hold rating to a sell rating in a research note published on Saturday, 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. “

Separately, Citigroup downgraded NTT DATA CORP/ADR from a neutral rating to a sell rating in a research report on Tuesday, May 19th.

NTDTY stock opened at $11.18 on Friday. NTT DATA CORP/ADR has a 52-week low of $7.70 and a 52-week high of $14.53. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 0.56. The firm has a market cap of $15.68 billion, a P/E ratio of 22.82 and a beta of 1.68. The company’s 50-day simple moving average is $11.59 and its 200-day simple moving average is $11.02.

About NTT DATA CORP/ADR

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.

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