Is This Stock a Screaming Buy: Nippon Telegraph and Telephone Corporation (NYSE:NTT)

Equity Research firms currently have a positive stance on shares of Nippon Telegraph and Telephone Corporation (NYSE:NTT). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $57.25 on a short term basis.

At the time of writing, the stock was trading at $44.54. This represents a change from the opening price of -0.22%. In terms of performance, year to date, the stock is 12.96%. The monthly stock performance comes in at -3.07%. For the quarter, shares are performing at -7.52%. Weekly performance analysis shows the equity at -2.90%.

In taking a look at technical levels, shares are trading -3.79% away from the 50 day simple moving average and 0.41% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -10.33% away from it’s 52- week high and 26.82% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Nippon Telegraph and Telephone Corporation’s RSI stands at 37.25. In looking at volatility levels, the shares saw weekly volatility of 0.86% and 0.96% over the past month.

Leave a Comment