NTT (OTCMKTS:NTTYY) Hits New 12-Month Low – Time to Sell?

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY)’s stock price reached a new 52-week low on Monday . The company traded as low as $22.23 and last traded at $22.23, with a volume of 1455 shares traded. The stock had previously closed at $22.78.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of NTT to a “hold” rating in a report on Wednesday, April 29th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

NTT Price Performance

The firm has a market cap of $72.80 billion, a PE ratio of 10.60 and a beta of 0.03. The company has a current ratio of 0.51, a quick ratio of 0.48 and a debt-to-equity ratio of 1.11. The company has a 50 day moving average price of $23.62 and a 200 day moving average price of $24.38.

NTT (OTCMKTS:NTTYY) last released its quarterly earnings data on Friday, May 8th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.01. The firm had revenue of $25.46 billion during the quarter, compared to the consensus estimate of $24.01 billion. NTT had a return on equity of 10.39% and a net margin of 7.26%. On average, sell-side analysts expect that NTT Inc. – Sponsored ADR will post 1.76 EPS for the current year.

About NTT

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.