Citigroup Lowers Nippon Telegraph and Telephone (OTCMKTS:NTTYY) to Neutral

Citigroup cut shares of Nippon Telegraph and Telephone (OTCMKTS:NTTYY – Get Rating) from a buy rating to a neutral rating in a research report sent to investors on Tuesday, The Fly reports.

Nippon Telegraph and Telephone Trading Down 0.2 %

Shares of Nippon Telegraph and Telephone stock opened at $29.49 on Tuesday. The business has a 50-day moving average price of $30.31 and a two-hundred day moving average price of $29.16. Nippon Telegraph and Telephone has a 1-year low of $25.72 and a 1-year high of $31.92. The company has a market cap of $106.00 billion, a P/E ratio of 10.24 and a beta of 0.18.

Nippon Telegraph and Telephone Company Profile

(Get Rating)

Nippon Telegraph & Telephone Corp. operates as a holding company which engages in the provision of telecommunication services. It operates through the following business divisions: Regional Communications, Long-Distance and International Communications, Mobile Communications, Data Communications, and Others.