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 changing hands.

NTT Stock Down 0.4%

The stock’s 50 day simple moving average is $24.99 and its 200-day simple moving average is $25.93. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.98 and a quick ratio of 0.92.

NTT (OTCMKTS:NTTYYGet Free Report) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.69 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.69. The business had revenue of $22.78 billion during the quarter, compared to analyst estimates of $23.48 billion. NTT had a net margin of 7.52% and a return on equity of 9.87%.

NTT Company Profile

(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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