Zacks Investment Research lowered shares of Nippon Telegraph and Telephone (OTCMKTS:NTTYY) from a buy rating to a hold rating in a research note published on Thursday morning.
According to Zacks, “Nippon Telegraph & Telephone provides a variety of telecommunications services, including telephone, telegraph, leased circuits, data communication, terminal equipment sales and other services. The Company provides both local and long distance telephone services within Japan, but it does not provide service in the international markets. “
A number of other equities analysts have also commented on the stock. ValuEngine lowered shares of Nippon Telegraph and Telephone from a buy rating to a hold rating in a research report on Monday, April 2nd. Deutsche Bank raised shares of Nippon Telegraph and Telephone from a hold rating to a buy rating in a research report on Thursday, February 15th.
OTCMKTS:NTTYY opened at $47.83 on Thursday. Nippon Telegraph and Telephone has a 12 month low of $41.94 and a 12 month high of $52.89. The company has a market capitalization of $94,975.73 and a PE ratio of 13.90. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.25 and a current ratio of 1.37.
Nippon Telegraph and Telephone (OTCMKTS:NTTYY) last released its quarterly earnings results on Friday, February 9th. The company reported $1.36 EPS for the quarter. Nippon Telegraph and Telephone had a net margin of 7.41% and a return on equity of 8.07%. The company had revenue of $27.27 billion for the quarter. analysts predict that Nippon Telegraph and Telephone will post 4.24 earnings per share for the current fiscal year.
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About Nippon Telegraph and Telephone
Nippon Telegraph and Telephone Corporation, together with its subsidiaries, provides fixed and mobile voice related services, IP/packet communications services, telecommunication equipment, system integration, and other telecommunications-related services in Japan and internationally. It operates through five segments: Regional Communications Business, Long Distance and International Communications Business, Mobile Communications Business, Data Communications Business, and Other Business.
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