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

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYYGet Free Report) saw a significant drop in short interest during the month of 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 company’s shares are short sold. Based on an average daily volume of 137,975 shares, the days-to-cover ratio is currently 0.1 days.

NTT Stock Up 2.3%

NTTYY opened at $26.89 on Tuesday. The firm has a 50 day moving average price of $24.00 and a 200-day moving average price of $24.03. The stock has a market capitalization of $87.90 billion, a price-to-earnings ratio of 12.87, a PEG ratio of 2.53 and a beta of 0.04. The company has a quick ratio of 0.48, a current ratio of 0.51 and a debt-to-equity ratio of 1.11. NTT has a twelve month low of $21.47 and a twelve month high of $28.30.

NTT (OTCMKTS:NTTYYGet Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.46 by $0.07. NTT had a return on equity of 10.43% and a net margin of 7.17%.The company had revenue of $22.97 billion during the quarter, compared to analyst estimates of $21.57 billion. Equities research analysts forecast that NTT will post 2 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of NTT from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Get Our Latest Stock Analysis on NTTYY

NTT Company Profile

(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.

Further Reading

Receive News & Ratings for NTT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NTT and related companies with MarketBeat.com's FREE daily email newsletter.