Nippon Telegraph and Telephone (NTTYY) Upgraded at ValuEngine

Nippon Telegraph and Telephone (OTCMKTS:NTTYY) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Friday.

Separately, Zacks Investment Research raised Nippon Telegraph and Telephone from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 10th.

Shares of Nippon Telegraph and Telephone (OTCMKTS NTTYY) traded down $0.74 during trading hours on Friday, hitting $51.32. The stock had a trading volume of 89,355 shares, compared to its average volume of 41,472. The firm has a market cap of $109,124.99, a P/E ratio of 12.92, a price-to-earnings-growth ratio of 1.74 and a beta of -0.12. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.35 and a quick ratio of 1.25. Nippon Telegraph and Telephone has a 12 month low of $39.41 and a 12 month high of $52.89.

A number of institutional investors have recently modified their holdings of the stock. Proficio Capital Partners LLC increased its position in Nippon Telegraph and Telephone by 4.5% in the 2nd quarter. Proficio Capital Partners LLC now owns 2,257 shares of the company’s stock valued at $111,000 after buying an additional 97 shares in the last quarter. Financial Counselors Inc. increased its position in Nippon Telegraph and Telephone by 2.9% in the 2nd quarter. Financial Counselors Inc. now owns 6,976 shares of the company’s stock valued at $329,000 after buying an additional 194 shares in the last quarter. Pacer Advisors Inc. increased its position in Nippon Telegraph and Telephone by 8.5% in the 2nd quarter. Pacer Advisors Inc. now owns 7,851 shares of the company’s stock valued at $371,000 after buying an additional 614 shares in the last quarter. Parallel Advisors LLC increased its position in Nippon Telegraph and Telephone by 6.2% in the 2nd quarter. Parallel Advisors LLC now owns 11,122 shares of the company’s stock valued at $543,000 after buying an additional 646 shares in the last quarter. Finally, Sawtooth Solutions LLC increased its position in Nippon Telegraph and Telephone by 8.4% in the 2nd quarter. Sawtooth Solutions LLC now owns 9,256 shares of the company’s stock valued at $437,000 after buying an additional 721 shares in the last quarter. 0.23% of the stock is owned by institutional investors and hedge funds.

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About Nippon Telegraph and Telephone

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