NTT Docomo Inc. (DCM) Shares Gap Down to $26.51
NTT Docomo Inc. (NYSE:DCM) gapped down prior to trading on Friday . The stock had previously closed at $26.05, but opened at $26.51. NTT Docomo shares last traded at $27.24, with a volume of 63,128 shares changing hands.
Separately, Zacks Investment Research lowered NTT Docomo from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 14th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $29.00.
The firm’s 50 day moving average is $26.74 and its 200-day moving average is $24.37. The company has a market cap of $102.70 billion and a P/E ratio of 20.41.
An institutional investor recently raised its position in NTT Docomo stock. PNC Financial Services Group Inc. raised its position in NTT Docomo Inc. (NYSE:DCM) by 7,432.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 103,351 shares of the company’s stock after buying an additional 101,979 shares during the period. PNC Financial Services Group Inc.’s holdings in NTT Docomo were worth $2,118,000 as of its most recent SEC filing.
NTT DOCOMO, INC. (DOCOMO) is a mobile telecommunications carrier. The Company operates through three segments: telecommunications business, smart life business and other businesses. Its telecommunications business includes those from mobile phone services, optical-fiber broadband service, satellite mobile communications services, international services and equipment sales related to these services.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.