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

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYYGet Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 103,746 shares, a decline of 36.9% from the May 14th total of 164,319 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 236,550 shares, the short-interest ratio is currently 0.4 days.

NTT Price Performance

NTT stock opened at $23.10 on Monday. NTT has a fifty-two week low of $22.71 and a fifty-two week high of $28.38. The stock has a market cap of $75.49 billion, a PE ratio of 11.00 and a beta of 0.03. The firm’s 50-day simple moving average is $23.88 and its 200 day simple moving average is $24.48. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.48 and a current ratio of 0.51.

NTT (OTCMKTS:NTTYYGet Free Report) last released its quarterly earnings results on Friday, May 8th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.01. NTT had a net margin of 7.26% and a return on equity of 10.39%. The business had revenue of $25.46 billion for the quarter, compared to analysts’ expectations of $24.01 billion. Research analysts predict that NTT will post 1.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of NTT to a “hold” rating in a research report on Wednesday, April 29th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

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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.

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