Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Brief Interest Update
Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY – Get Rating) saw a sharp drop in short-term interest during the month of May. As of May 15, there was short interest totaling 86,400 shares, down 19.6% from the total of 107,400 shares as of April 30. Based on an average daily volume of 333,300 shares, the short interest ratio is currently 0.3 days.
Shares of NTTYY traded down $0.07 during trading hours on Tuesday, hitting $31.68. The company’s stock had a trading volume of 211,300 shares, compared to an average volume of 243,788. The company has a 50-day moving average of $29.87 and a 200-day moving average of $28.92. The stock has a market capitalization of $113.87 billion, a PE ratio of 10.78 and a beta of 0.16. The company has a current ratio of 0.95, a quick ratio of 0.89 and a debt ratio of 0.69. Nippon Telegraph and Telephone has a 12-month low of $25.06 and a 12-month high of $31.92.
Separately, Citigroup upgraded shares of Nippon Telegraph and Telephone from a “neutral” rating to a “buy” rating in a research report on Monday.
About the telegraph and the Japanese telephone (Get an evaluation)
Nippon Telegraph and Telephone Corporation provides fixed voice, mobile voice, IP/packet communications and system integration services in Japan and overseas. The Company’s Mobile Communications Business segment offers mobile phone and related services, including distribution of movies and music, e-books, finance and payment services, as well as smart life zone services and internet connection.
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