Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 146,600 shares, a growth of 46.0% from the April 30th total of 100,400 shares. Based on an average trading volume of 169,700 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.0% of the shares of the stock are sold short.
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Separately, CLSA raised Nippon Telegraph and Telephone to a "hold" rating in a report on Friday, May 30th.
Get Our Latest Stock Analysis on Nippon Telegraph and Telephone
Nippon Telegraph and Telephone Trading Down 1.1%
Nippon Telegraph and Telephone stock traded down $0.30 during mid-day trading on Thursday, hitting $27.38. The company's stock had a trading volume of 59,484 shares, compared to its average volume of 158,550. Nippon Telegraph and Telephone has a 1 year low of $22.25 and a 1 year high of $28.70. The stock's fifty day moving average is $25.96 and its two-hundred day moving average is $25.19. The firm has a market capitalization of $93.34 billion, a PE ratio of 12.44 and a beta of 0.18. The company has a current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 0.71.
Nippon Telegraph and Telephone (OTCMKTS:NTTYY - Get Free Report) last released its earnings results on Friday, May 9th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.16). The company had revenue of $25.20 billion during the quarter, compared to analysts' expectations of $23.93 billion. Nippon Telegraph and Telephone had a net margin of 8.16% and a return on equity of 10.04%.
About Nippon Telegraph and Telephone
(
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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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