Short-term stake in Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) drops 41.4%
Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY – Get Rating) benefited from a sharp drop in short-term interest during the month of April. As of April 15, there was short interest totaling 42,100 shares, down 41.4% from the March 31 total of 71,800 shares. Based on an average daily volume of 1,034,500 shares, the day-to-cover ratio is currently 0.0 day.
NTTYY opened at $29.66 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.89 and a debt ratio of 0.69. The company’s 50-day moving average is $29.49 and its 200-day moving average is $28.59. The stock has a market capitalization of $106.61 billion, a PE ratio of 10.49 and a beta of 0.18. Nippon Telegraph and Telephone has a 12-month low of $24.59 and a 12-month high of $30.84.
Nippon Telegraph and Telephone (OTCMKTS:NTTYY – Get Rating) last announced its results on Monday, February 7. The company reported earnings per share of $0.87 for the quarter. Nippon Telegraph and Telephone achieved a return on equity of 13.15% and a net margin of 9.11%. The company posted revenue of $26.72 billion for the quarter.
Nippon Telegraph and Telephone Company Profile (Get a rating)
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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