NTT Docomo Inc. (DCM) Shares Gap Up to $25.65
NTT Docomo Inc. (NYSE:DCM) shares gapped up before the market opened on Tuesday . The stock had previously closed at $25.55, but opened at $25.65. NTT Docomo shares last traded at $26.10, with a volume of 89,350 shares changing hands.
Separately, Zacks Investment Research raised NTT Docomo from a “hold” rating to a “strong-buy” rating and set a $29.00 price objective for the company in a report on Friday, June 17th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $29.00.
The stock’s 50-day moving average price is $26.99 and its 200-day moving average price is $24.72. The firm has a market capitalization of $97.70 billion and a price-to-earnings ratio of 17.36.
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.
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