Nippon Telegraph & Telephone Corp. (NTT) Sees Strong Trading Volume
Nippon Telegraph & Telephone Corp. (NYSE:NTT) saw an uptick in trading volume on Thursday . 260,768 shares were traded during mid-day trading, a decline of 3% from the previous session’s volume of 268,749 shares.The stock last traded at $44.42 and had previously closed at $44.08.
Separately, Zacks Investment Research cut Nippon Telegraph & Telephone Corp. from a “buy” rating to a “hold” rating in a report on Thursday, May 5th.
The firm has a market cap of $90.61 billion and a PE ratio of 11.86. The firm’s 50 day moving average is $46.90 and its 200-day moving average is $44.98.
A hedge fund recently raised its stake in Nippon Telegraph & Telephone Corp. stock. AJO LP raised its position in Nippon Telegraph & Telephone Corp. (NYSE:NTT) by 20.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 179,146 shares of the company’s stock after buying an additional 29,959 shares during the period. AJO LP’s holdings in Nippon Telegraph & Telephone Corp. were worth $7,119,000 as of its most recent filing with the SEC.
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