NTT Docomo (DCMYY) Lifted to Hold at Zacks Investment Research

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Zacks Investment Research upgraded shares of NTT Docomo (OTCMKTS:DCMYY) from a sell rating to a hold rating in a research report sent to investors on Monday.

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. “

Shares of DCMYY opened at $25.38 on Monday. The company has a market cap of $95.95 billion, a P/E ratio of 13.95, a price-to-earnings-growth ratio of 3.82 and a beta of 0.21. NTT Docomo has a 12-month low of $24.50 and a 12-month high of $27.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.10 and a current ratio of 2.24.

About NTT Docomo

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.

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