NTT (OTCMKTS:NTTYY) Shares Gap Down – Here’s What Happened

NTT Inc. – Sponsored ADR (OTCMKTS:NTTYY) gapped down before the market opened on Monday . The stock had previously closed at $25.13, but opened at $23.80. NTT shares last traded at $24.5270, with a volume of 1,157 shares changing hands.

NTT Price Performance

The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 1.15. The stock has a market cap of $83.98 billion, a PE ratio of 11.67 and a beta of 0.10. The business has a 50-day moving average price of $25.11 and a 200 day moving average price of $26.05.

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

NTT Company Profile

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.