Published On: Tue, Sep 20th, 2016

Nippon Telegraph & Telephone Corp. (NTT) Sees Unusually-High Trading Volume

Nippon Telegraph & Telephone Corp. (NYSE:NTT) shares saw unusually-high trading volume on Monday . Approximately 588,688 shares changed hands during mid-day trading, an increase of 56% from the previous session’s volume of 377,485 shares.The stock last traded at $44.75 and had previously closed at $44.49.
Separately, Zacks Investment Research lowered shares of Nippon Telegraph & Telephone Corp. from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 17th.
The firm’s 50-day moving average is $46.33 and its 200-day moving average is $45.22. The stock has a market cap of $91.16 billion, a P/E ratio of 12.19 and a beta of 0.09.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/nippon-telegraph-telephone-corp-ntt-sees-unusually-high-trading-volume.html

Hedge funds have recently added to or reduced their stakes in the company. Societe Generale purchased a new stake in Nippon Telegraph & Telephone Corp. during the second quarter valued at approximately $100,000. SG Americas Securities LLC bought a new stake in shares of Nippon Telegraph & Telephone Corp. during the second quarter valued at approximately $100,000. Creative Planning boosted its stake in shares of Nippon Telegraph & Telephone Corp. by 38.5% in the second quarter. Creative Planning now owns 2,381 shares of the company’s stock valued at $112,000 after buying an additional 662 shares during the period. Smithfield Trust Co. boosted its stake in shares of Nippon Telegraph & Telephone Corp. by 1.0% in the second quarter. Smithfield Trust Co. now owns 2,916 shares of the company’s stock valued at $137,000 after buying an additional 30 shares during the period. Finally, CENTRAL TRUST Co boosted its stake in shares of Nippon Telegraph & Telephone Corp. by 38.1% in the second quarter. CENTRAL TRUST Co now owns 2,919 shares of the company’s stock valued at $137,000 after buying an additional 806 shares during the period. Institutional investors own 1.50% of the company’s stock.
About Nippon Telegraph & Telephone Corp.

Receive News & Ratings for Nippon Telegraph & Telephone Corp. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Nippon Telegraph & Telephone Corp. and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>