Nippon Telegraph and Telephone (OTCMKTS:NTTYY) trading down 0.9%

Shares of Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY – Get Rating) fell 0.9% in midday trading on Tuesday. The company traded as low as $28.00 and last traded at $28.13. Approximately 230,762 shares were traded during trading, a 24% increase from the average daily volume of 185,547 shares. The stock previously closed at $28.39.

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

The company has a market capitalization of $101.11 billion, a PE ratio of 9.57 and a beta of 0.16. The company has a 50-day moving average price of $29.76 and a 200-day moving average price of $29.08. The company has a current ratio of 0.91, a quick ratio of 0.85 and a debt ratio of 0.63.

About the telegraph and the Japanese telephone (OTCMKTS:NTTYY)

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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