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Nippon Telegraph and Telephone (OTCMKTS:NTTYY) Stock Price Crosses Below Fifty Day Moving Average - Here's What Happened

Nippon Telegraph and Telephone logo with Utilities background

Nippon Telegraph and Telephone Co. (OTCMKTS:NTTYY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $25.88 and traded as low as $24.69. Nippon Telegraph and Telephone shares last traded at $24.73, with a volume of 286,565 shares changing hands.

Nippon Telegraph and Telephone Trading Up 1.0 %

The company has a quick ratio of 0.87, a current ratio of 0.93 and a debt-to-equity ratio of 0.73. The business has a fifty day simple moving average of $25.88 and a 200 day simple moving average of $25.70. The company has a market cap of $84.32 billion, a price-to-earnings ratio of 9.44 and a beta of 0.12.

Nippon Telegraph and Telephone (OTCMKTS:NTTYY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.52 earnings per share for the quarter. Nippon Telegraph and Telephone had a return on equity of 11.09% and a net margin of 8.73%. The business had revenue of $20.78 billion during the quarter.

Nippon Telegraph and Telephone Company Profile

(Get Free Report)

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.

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