Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) Sees Large Drop in Short Interest

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 79,300 shares, a decline of 29.4% from the January 15th total of 112,400 shares. Based on an average trading volume of 336,600 shares, the days-to-cover ratio is currently 0.2 days.

Nippon Telegraph and Telephone Trading Down 0.0 %

Shares of NTTYY traded down $0.01 during mid-day trading on Friday, reaching $24.05. The company’s stock had a trading volume of 210,746 shares, compared to its average volume of 165,408. The company has a current ratio of 0.99, a quick ratio of 0.92 and a debt-to-equity ratio of 0.73. Nippon Telegraph and Telephone has a 52 week low of $22.25 and a 52 week high of $31.90. The company’s fifty day moving average price is $24.66 and its two-hundred day moving average price is $25.16. The stock has a market cap of $82.00 billion, a PE ratio of 10.46 and a beta of 0.15.

Nippon Telegraph and Telephone (OTCMKTS:NTTYY) last issued its quarterly earnings data on Friday, February 7th. The company reported $0.58 earnings per share (EPS) for the quarter. Nippon Telegraph and Telephone had a net margin of 8.56% and a return on equity of 10.74%.

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.