Nippon Telegraph and Telephone (OTCMKTS:NTTYY) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Monday.
Several other research firms have also commented on NTTYY. Zacks Investment Research upgraded shares of Nippon Telegraph and Telephone from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a report on Saturday, February 24th. Deutsche Bank upgraded shares of Nippon Telegraph and Telephone from a “hold” rating to a “buy” rating in a report on Thursday, February 15th.
OTCMKTS NTTYY traded down $0.16 during mid-day trading on Monday, hitting $46.39. The company’s stock had a trading volume of 31,854 shares, compared to its average volume of 81,527. Nippon Telegraph and Telephone has a 52-week low of $41.94 and a 52-week high of $52.89. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.25 and a current ratio of 1.37. The firm has a market capitalization of $92,145.07 and a price-to-earnings ratio of 13.49.
TRADEMARK VIOLATION NOTICE: “Nippon Telegraph and Telephone (NTTYY) Downgraded to Hold at ValuEngine” was first reported by WKRB News and is the property of of WKRB News. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://www.wkrb13.com/2018/04/03/nippon-telegraph-and-telephone-nttyy-downgraded-to-hold-at-valuengine.html.
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.
Receive News & Ratings for Nippon Telegraph and Telephone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nippon Telegraph and Telephone and related companies with MarketBeat.com's FREE daily email newsletter.