NTT (OTCMKTS:NTTYY) Shares Gap Down – Here’s Why

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYYGet Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $24.55, but opened at $23.59. NTT shares last traded at $24.7350, with a volume of 4,591 shares traded.

NTT Trading Down 0.6%

The company has a debt-to-equity ratio of 0.87, a current ratio of 0.89 and a quick ratio of 0.84. The stock’s 50 day simple moving average is $26.22 and its two-hundred day simple moving average is $26.43. The stock has a market capitalization of $83.72 billion, a PE ratio of 12.40 and a beta of 0.17.

NTT (OTCMKTS:NTTYYGet Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.69 earnings per share for the quarter, meeting the consensus estimate of $0.69. NTT had a return on equity of 9.02% and a net margin of 7.20%.The company had revenue of $22.78 billion during the quarter, compared to analysts’ expectations of $23.48 billion.

NTT Company Profile

(Get Free Report)

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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