NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY – Get Free Report)’s share price gapped down before the market opened on Monday. The stock had previously closed at $27.68, but opened at $26.59. NTT shares last traded at $27.5950, with a volume of 1,031 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of NTT from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy”.
Check Out Our Latest Report on NTTYY
NTT Trading Down 0.1%
The stock has a market cap of $90.37 billion, a price-to-earnings ratio of 13.23, a P/E/G ratio of 2.28 and a beta of 0.07. The business’s 50 day moving average is $27.02 and its 200 day moving average is $24.78. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.49 and a quick ratio of 0.46.
NTT (OTCMKTS:NTTYY – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.07. The company had revenue of $22.97 billion for the quarter, compared to analysts’ expectations of $21.57 billion. NTT had a return on equity of 10.45% and a net margin of 7.17%. As a group, equities analysts expect that NTT Inc. – Sponsored ADR will post 2.09 earnings per share for the current fiscal year.
NTT Company Profile
Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Through its operating companies, NTT provides fixed-line and mobile communications, broadband internet, data center and cloud services, systems integration, cybersecurity, network infrastructure, and related digital solutions for consumers, businesses, and public-sector organizations.
NTT’s principal businesses include telecommunications services in Japan, global information and communications technology services, data and cloud platforms, and research and development in areas such as next-generation networks, artificial intelligence, and advanced communications technology.
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