Nippon Telegraph and Telephone (OTCMKTS:NTTYY) Lowered to “Hold” at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reduced the shares of Japanese Telegraph and Telephone (OTCMKTS:NTTYY – Get Rating) from a buy rating to a hold rating in a report released on Monday, reports The Fly.

Separately, Citigroup upgraded shares of Nippon Telegraph and Telephone from a neutral rating to a buy rating in a Monday, May 30 research note.

Shares of OTCMKTS NTTYY opened at $28.70 on Monday. Nippon Telegraph and Telephone has a 52-week low of $25.06 and a 52-week high of $31.92. The company has a market capitalization of $103.16 billion, a P/E ratio of 9.76 and a beta of 0.16. The company’s fifty-day moving average is $29.71 and its two-hundred-day moving average is $29.14. The company has a debt ratio of 0.63, a quick ratio of 0.85 and a current ratio of 0.91.

Nippon Telegraph and Telephone Company Profile (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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