Zacks Investment Research Upgrades NTT DATA CORP/ADR (NTDTY) to “Hold”

NTT DATA CORP/ADR (OTCMKTS:NTDTY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday.

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. “

Shares of OTCMKTS:NTDTY opened at $11.60 on Wednesday. NTT DATA CORP/ADR has a fifty-two week low of $10.08 and a fifty-two week high of $14.25. The company has a quick ratio of 1.20, a current ratio of 1.23 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $16.27 billion, a price-to-earnings ratio of 22.75, a price-to-earnings-growth ratio of 2.50 and a beta of 1.89.

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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