NTT Docomo Inc. (DCM) Shares Gap Up to $26.56
NTT Docomo Inc. (NYSE:DCM)’s share price gapped up prior to trading 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 cut NTT Docomo from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 14th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $31.00.
The firm has a market cap of $98.90 billion and a price-to-earnings ratio of 17.37. The firm has a 50 day moving average of $26.99 and a 200 day moving average of $25.07.
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 fund 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 at the end of the most recent quarter.
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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