Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY – Get Free Report) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 58,000 shares, a decline of 34.7% from the February 28th total of 88,800 shares. Based on an average daily volume of 305,000 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.
Nippon Telegraph and Telephone Stock Down 1.6 %
Nippon Telegraph and Telephone stock traded down $0.40 during midday trading on Monday, reaching $24.30. The stock had a trading volume of 94,584 shares, compared to its average volume of 178,587. Nippon Telegraph and Telephone has a 1-year low of $22.25 and a 1-year high of $29.51. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.91 and a current ratio of 0.97. The firm’s fifty day simple moving average is $24.50 and its 200-day simple moving average is $24.84. The stock has a market capitalization of $82.85 billion, a P/E ratio of 11.05 and a beta of 0.10.
Nippon Telegraph and Telephone (OTCMKTS:NTTYY – Get Free Report) last announced its quarterly earnings results on Friday, February 7th. The company reported $0.58 EPS for the quarter. Nippon Telegraph and Telephone had a net margin of 8.16% and a return on equity of 10.04%.
Nippon Telegraph and Telephone Company Profile
Nippon Telegraph and Telephone Corporation operates as a telecommunications company in Japan and internationally. It operates through Integrated ICT Business, Regional Communications Business, Global Solutions Business, and Others segments. The Integrated ICT Business segment offers mobile phone, domestic inter-prefectural communications, international communications, solutions, and system development and related services.
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