NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY – Get Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 10,724 shares, a drop of 44.0% from the July 30th total of 19,142 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 137,975 shares, the short-interest ratio is currently 0.1 days.
NTT Price Performance
NTTYY stock traded up $0.61 during mid-day trading on Monday, reaching $26.89. The company’s stock had a trading volume of 119,567 shares, compared to its average volume of 157,938. The company has a current ratio of 0.51, a quick ratio of 0.48 and a debt-to-equity ratio of 1.11. The company’s 50 day moving average is $23.90 and its two-hundred day moving average is $24.02. NTT has a fifty-two week low of $21.47 and a fifty-two week high of $28.30. The stock has a market cap of $87.90 billion, a PE ratio of 12.87, a P/E/G ratio of 2.53 and a beta of 0.04.
NTT (OTCMKTS:NTTYY – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.07. The business had revenue of $22.97 billion for the quarter, compared to analysts’ expectations of $21.57 billion. NTT had a return on equity of 10.43% and a net margin of 7.17%. Equities research analysts expect that NTT will post 2 EPS for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on NTT
About NTT
Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company’s core offerings include fixed‐line and mobile communications, high‐speed internet services, and network management for enterprise and consumer customers.
NTT’s business operations are organized across several key subsidiaries.
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