NTT (OTCMKTS:NTTYY) Upgraded to “Hold” at Zacks Research

NTT (OTCMKTS:NTTYY) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Separately, Deutsche Bank Aktiengesellschaft lowered NTT from a “buy” rating to a “hold” rating in a research report on Friday, February 6th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

NTT Price Performance

Shares of OTCMKTS NTTYY opened at $24.30 on Wednesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.55 and a current ratio of 0.59. NTT has a fifty-two week low of $23.31 and a fifty-two week high of $28.70. The firm has a market capitalization of $79.42 billion, a PE ratio of 11.14 and a beta of 0.06. The stock’s 50-day simple moving average is $24.28 and its 200-day simple moving average is $24.81.

NTT (OTCMKTS:NTTYY) last issued its earnings results on Thursday, February 5th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.06. NTT had a return on equity of 10.50% and a net margin of 7.66%.The business had revenue of $23.29 billion for the quarter, compared to analyst estimates of $23.07 billion. As a group, equities research analysts forecast that NTT will post 1.8 EPS for the current fiscal year.

About NTT

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.