NTT (OTCMKTS:NTTYY) Shares Gap Up – Time to Buy?

Shares of NTT Inc. – Sponsored ADR (OTCMKTS:NTTYYGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $24.25, but opened at $25.25. NTT shares last traded at $24.4350, with a volume of 11,568 shares changing hands.

NTT Stock Up 0.9%

The stock’s fifty day moving average is $26.05 and its two-hundred day moving average is $26.39. The company has a market capitalization of $83.40 billion, a PE ratio of 12.35 and a beta of 0.17. The company has a current ratio of 0.89, a quick ratio of 0.84 and a debt-to-equity ratio of 0.87.

NTT (OTCMKTS:NTTYYGet Free Report) last posted its earnings results on Tuesday, November 4th. The company reported $0.69 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.69. The business had revenue of $22.78 billion during the quarter, compared to analyst estimates of $23.48 billion. NTT had a return on equity of 9.02% and a net margin of 7.20%.

NTT Company Profile

(Get Free Report)

Nippon Telegraph and Telephone Corporation operates as a telecommunications company in Japan and internationally. It operates through Integrated ICT Business, Regional Communications Business, Global Solutions Business, and Others segments. The Integrated ICT Business segment offers mobile phone, domestic inter-prefectural communications, international communications, solutions, and system development and related services.

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