Zacks Investment Research Upgrades NTT Docomo (DCMYY) to “Hold”
NTT Docomo (OTCMKTS:DCMYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Tuesday.
According to Zacks, “NTT DoCoMo is the world’s leading mobile communications company. The company provides a wide variety of leading-edge mobile multimedia services. These include i-mode, the world’s most popular mobile Internet service, which provides e-mail and Internet access, and FOMA, launched in 2001 as the world’s first 3G mobile service. The company is expanding its global reach through strategic joint ventures and other alliances with mobile and multimedia service providers in the Asia-Pacific region, Europe and North America. “
NTT Docomo stock opened at $27.43 on Tuesday. NTT Docomo has a 52 week low of $24.50 and a 52 week high of $27.55. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.11 and a quick ratio of 1.97. The company has a market capitalization of $99.54 billion, a P/E ratio of 15.07, a PEG ratio of 3.96 and a beta of 0.21.
NTT DOCOMO, INC. provides mobile telecommunications services in Japan. The company operates through three segments: Telecommunications Business, Smart Life Business, and Other Businesses. It purchase and sells smartphones/tablets, and data and other communications devices. The company also offers voice, data, and other value-added services; international calling and roaming services; docomo Wi-Fi, a public wireless LAN service for corporate customers; Office Link, a service that allows mobile phones to be used as internal lines; Anshin Manager, which enables the unified control of corporate mobile phones; and satellite cell phone services.
Further Reading: Outstanding Shares and The Effect on Share Price
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for NTT Docomo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NTT Docomo and related companies with MarketBeat.com's FREE daily email newsletter.