Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Short Interest Down 32.8% in April

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY - Get Free Report) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 67,400 shares, a decline of 32.8% from the March 31st total of 100,300 shares. Based on an average daily trading volume, of 271,300 shares, the short-interest ratio is presently 0.2 days.

Nippon Telegraph and Telephone Stock Performance

NTTYY traded down $0.42 during trading on Friday, reaching $26.74. 195,379 shares of the company's stock were exchanged, compared to its average volume of 349,134. Nippon Telegraph and Telephone has a fifty-two week low of $26.14 and a fifty-two week high of $32.45. The company has a quick ratio of 0.90, a current ratio of 0.98 and a debt-to-equity ratio of 0.68. The business has a 50 day moving average price of $29.49 and a 200 day moving average price of $29.78. The company has a market capitalization of $91.17 billion, a P/E ratio of 10.78, a PEG ratio of 47.23 and a beta of 0.08.

Nippon Telegraph and Telephone (OTCMKTS:NTTYY - Get Free Report) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.68 earnings per share (EPS) for the quarter. The company had revenue of $22.70 billion during the quarter. Nippon Telegraph and Telephone had a return on equity of 12.07% and a net margin of 8.91%. As a group, analysts predict that Nippon Telegraph and Telephone will post 0.1 earnings per share for the current fiscal year.

Nippon Telegraph and Telephone Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.