NTT Docomo Inc. (DCM) Shares Gap Up to $26.56
NTT Docomo Inc. (NYSE:DCM) shares gapped up before the market opened on Tuesday . The stock had previously closed at $26.22, but opened at $26.56. NTT Docomo shares last traded at $26.92, with a volume of 62,153 shares changing hands.
Separately, Zacks Investment Research downgraded shares of NTT Docomo from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 16th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $29.00.
The stock has a market cap of $100.58 billion and a price-to-earnings ratio of 17.88. The firm’s 50 day moving average price is $27.02 and its 200-day moving average price is $25.06.
An institutional investor recently raised its position in NTT Docomo stock. Calvert Investment Management Inc. boosted its stake in shares of NTT Docomo Inc. (NYSE:DCM) by 105.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 75,461 shares of the company’s stock after buying an additional 38,674 shares during the period. Calvert Investment Management Inc.’s holdings in NTT Docomo were worth $1,547,000 as of its most recent filing with the SEC.
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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