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NTT (OTCMKTS:NTTYY) Shares Gap Up - Should You Buy?

NTT logo with Utilities background

Key Points

  • NTT Inc. shares saw a gap up, opening at $27.36 after closing at $26.32, but last traded at $26.24 with a volume of 6,354 shares.
  • The company reported a quarterly EPS of $0.54, missing the consensus estimate by $0.01, with revenue of $22.12 billion below expectations of $22.80 billion.
  • Currently, NTT has a market cap of $89.38 billion and a PE ratio of 13.24, indicating a stable financial position with a low beta of 0.17.
  • Five stocks we like better than NTT.

NTT Inc. - Sponsored ADR (OTCMKTS:NTTYY - Get Free Report)'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $26.32, but opened at $27.36. NTT shares last traded at $26.24, with a volume of 6,354 shares.

NTT Price Performance

The company has a debt-to-equity ratio of 0.87, a current ratio of 0.89 and a quick ratio of 0.84. The company has a 50 day moving average price of $26.65 and a 200 day moving average price of $26.40. The firm has a market cap of $89.38 billion, a PE ratio of 13.24 and a beta of 0.17.

NTT (OTCMKTS:NTTYY - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.01). NTT had a return on equity of 9.02% and a net margin of 7.20%.The company had revenue of $22.12 billion for the quarter, compared to analysts' expectations of $22.80 billion.

About NTT

(Get Free Report)

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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