NTT DATA CORP/ADR (OTCMKTS:NTDTY) Cut to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of NTT DATA CORP/ADR (OTCMKTS:NTDTY) from a buy rating to a hold rating in a research report released 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, ValuEngine lowered NTT DATA CORP/ADR from a hold rating to a sell rating in a research report on Friday, January 10th.

OTCMKTS:NTDTY opened at $14.53 on Friday. The business’s 50-day moving average is $13.76 and its two-hundred day moving average is $13.29. NTT DATA CORP/ADR has a 12 month low of $10.60 and a 12 month high of $14.53. The firm has a market capitalization of $20.38 billion, a PE ratio of 24.22 and a beta of 1.48.

NTT DATA CORP/ADR Company Profile

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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