NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) Short Interest Update

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYYGet Free Report) was the target of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 29,742 shares, a decrease of 70.9% from the January 29th total of 102,364 shares. Based on an average trading volume of 232,788 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 232,788 shares, the short-interest ratio is currently 0.1 days.

NTT Price Performance

OTCMKTS:NTTYY traded up $0.09 during mid-day trading on Thursday, reaching $24.31. 162,825 shares of the company’s stock were exchanged, compared to its average volume of 137,037. NTT has a one year low of $22.80 and a one year high of $28.70. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.59 and a quick ratio of 0.92. The business’s fifty day simple moving average is $25.01 and its two-hundred day simple moving average is $25.62.

NTT (OTCMKTS:NTTYYGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. NTT had a net margin of 7.66% and a return on equity of 10.50%. The firm had revenue of $23.29 billion during the quarter, compared to the consensus estimate of $23.07 billion.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft cut shares of NTT from a “buy” rating to a “hold” rating in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on NTT

About NTT

(Get Free Report)

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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