NEW YORK ( TheStreet) -- NTT DoCoMo (NYSE: DCM) hit a new 52-week high Tuesday as it is currently trading at $19.24, above its previous 52-week high of $19.23 with 31,609 shares traded as of 10:33 a.m. ET. Average volume has been 228,300 shares over the past 30 days.

NTT DoCoMo has a market cap of $79 billion and is part of the technology sector and telecommunications industry. Shares are up 8.8% year to date as of the close of trading on Monday.

NTT DOCOMO, Inc. provides wireless telecommunications services, packet communications services, and satellite mobile communications services in Japan. The company has a P/E ratio of 16.9, above the average telecommunications industry P/E ratio of 13 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates NTT DoCoMo as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full NTT DoCoMo Ratings Report.

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