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

Zacks Investment Research cut shares of NTT DATA CORP/ADR (OTCMKTS:NTDTY) from a hold rating to a sell rating in a research report sent to investors 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. “

A number of other brokerages have also recently issued reports on NTDTY. ValuEngine upgraded shares of NTT DATA CORP/ADR from a hold rating to a buy rating in a research report on Wednesday, June 12th. Daiwa Capital Markets upgraded shares of NTT DATA CORP/ADR from a neutral rating to a buy rating in a research report on Tuesday, June 11th.

Shares of NTDTY opened at $13.09 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.17 and a debt-to-equity ratio of 0.46. The stock has a market cap of $18.36 billion, a P/E ratio of 21.82 and a beta of 1.56. The company has a 50-day moving average of $13.11 and a two-hundred day moving average of $11.64. NTT DATA CORP/ADR has a 12-month low of $10.40 and a 12-month high of $14.25.

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.

Featured Story: Marijuana Stocks

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.