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 trading hands.
Separately, Zacks Investment Research lowered NTT Docomo from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 14th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. NTT Docomo has a consensus rating of “Buy” and an average target price of $29.00.
The firm has a market cap of $102.70 billion and a P/E ratio of 20.41. The company’s 50 day moving average is $26.74 and its 200 day moving average is $24.37.
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 filing with the Securities and Exchange Commission. The fund 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.
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