NTT Docomo Inc. (DCM) Shares Gap Down to $26.12
Shares of NTT Docomo Inc. (NYSE:DCM) gapped down before the market opened on Wednesday . The stock had previously closed at $25.70, but opened at $26.12. NTT Docomo shares last traded at $26.58, with a volume of 43,922 shares trading hands.
Separately, Zacks Investment Research raised shares of NTT Docomo from a “hold” rating to a “strong-buy” rating and set a $29.00 price target for the company in a research note on Friday, June 17th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. NTT Docomo presently has an average rating of “Buy” and a consensus price target of $29.00.
The firm’s 50 day moving average is $27.01 and its 200-day moving average is $24.74. The company has a market capitalization of $99.31 billion and a PE ratio of 17.64.
An institutional investor recently raised its position in NTT Docomo stock. Calvert Investment Management Inc. raised its stake in shares of NTT Docomo Inc. (NYSE:DCM) by 105.1% during the fourth quarter, according to its most recent Form 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 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.