NTT Docomo Inc. (DCM) Shares Gap Up to $26.92
NTT Docomo Inc. (NYSE:DCM)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $26.79, but opened at $26.92. NTT Docomo shares last traded at $27.17, with a volume of 34,238 shares traded.
Separately, Zacks Investment Research raised shares of NTT Docomo from a “hold” rating to a “strong-buy” rating and set a $29.00 target price on the stock in a research note on Friday, June 17th. One 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. NTT Docomo has an average rating of “Buy” and a consensus price target of $29.00.
The stock’s 50 day moving average price is $26.68 and its 200-day moving average price is $24.29. The company has a market cap of $102.14 billion and a price-to-earnings ratio of 20.34.
An institutional investor recently raised its position in NTT Docomo stock. TD Asset Management Inc. raised its stake in NTT Docomo Inc. (NYSE:DCM) by 81.6% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 96,430 shares of the company’s stock after buying an additional 43,333 shares during the period. TD Asset Management Inc.’s holdings in NTT Docomo were worth $1,711,000 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.
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