NTT (OTCMKTS:NTTYY) Shares Gap Down – Here’s Why

Shares of NTT Inc. – Sponsored ADR (OTCMKTS:NTTYYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $25.13, but opened at $23.80. NTT shares last traded at $24.5270, with a volume of 1,157 shares trading hands.

NTT Stock Performance

The business’s 50 day simple moving average is $25.11 and its two-hundred day simple moving average is $26.01. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 1.15.

NTT (OTCMKTS:NTTYYGet Free Report) last posted its earnings results on Tuesday, November 4th. The company reported $0.69 EPS for the quarter, hitting the consensus estimate of $0.69. NTT had a net margin of 7.52% and a return on equity of 9.87%. The company had revenue of $22.78 billion during the quarter, compared to the consensus estimate of $23.48 billion.

NTT Company Profile

(Get Free Report)

Nippon Telegraph and Telephone Corporation (NTT) is a Japan-based telecommunications and information technology company. Established as a state-owned entity in 1952 and privatized in 1985, NTT provides a broad array of network services and IT solutions. The company’s core offerings include fixed‐line and mobile communications, high‐speed internet services, and network management for enterprise and consumer customers.

NTT’s business operations are organized across several key subsidiaries.

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