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

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYYGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $25.2270, but opened at $24.1901. NTT shares last traded at $25.6050, with a volume of 3,772 shares trading hands.

NTT Price Performance

The firm has a market cap of $86.09 billion, a P/E ratio of 11.97 and a beta of 0.10. The firm’s fifty day simple moving average is $25.03 and its 200 day simple moving average is $25.94. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.92 and a current ratio of 0.98.

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

About NTT

(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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