Nippon Telegraph and Telephone (OTCMKTS:NTTYY) raised to buy from Citigroup

Japanese Telegraph and Telephone (OTCMKTS:NTTYY – Get Rating) was raised by Citigroup investment analysts from a “neutral” rating to a “buy” rating in a research report released Monday to clients and investors, reports The Fly.

Shares of NTTYY fell $0.07 on Monday, hitting $31.68. The company’s shares had a trading volume of 211,300 shares, compared to an average volume of 193,311. The company has a quick ratio of 0.89, a current ratio of 0.95 and a leverage ratio of 0, 69. The company’s fifty-day moving average price is $29.87 and its 200-day moving average price is $28.92. Nippon Telegraph and Telephone has a fifty-two-week low of $25.06 and a fifty-two-week high of $31.92. The company has a market capitalization of $113.87 billion, a price-earnings ratio of 10.78 and a beta of 0.16.

About the telegraph and the Japanese telephone (Get an assessment)

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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