TTEC Holdings, Inc. (NASDAQ:TTEC) Given Average Recommendation of "Hold" by Analysts

Shares of TTEC Holdings, Inc. (NASDAQ:TTEC - Get Free Report) have been given a consensus recommendation of "Hold" by the six research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $11.90.

TTEC has been the topic of a number of research reports. StockNews.com downgraded shares of TTEC from a "hold" rating to a "sell" rating in a report on Friday, November 15th. Guggenheim upgraded shares of TTEC from a "sell" rating to a "neutral" rating in a research note on Tuesday, October 1st.

TTEC Stock Performance

Shares of NASDAQ TTEC traded down $0.01 during trading on Monday, reaching $3.99. 191,771 shares of the company traded hands, compared to its average volume of 298,739. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 3.47. The stock has a market capitalization of $190.44 million, a PE ratio of -0.57, a P/E/G ratio of 3.36 and a beta of 1.06. The firm has a 50 day simple moving average of $4.89 and a 200-day simple moving average of $5.29. TTEC has a 52-week low of $3.67 and a 52-week high of $22.66.

Institutional Trading of TTEC

Several institutional investors and hedge funds have recently made changes to their positions in TTEC. XTX Topco Ltd bought a new stake in shares of TTEC in the third quarter valued at about $59,000. GAMMA Investing LLC raised its holdings in TTEC by 1,054.6% in the fourth quarter. GAMMA Investing LLC now owns 12,828 shares of the business services provider's stock worth $64,000 after purchasing an additional 11,717 shares in the last quarter. Vanguard Personalized Indexing Management LLC bought a new position in TTEC in the second quarter worth about $72,000. Magnetar Financial LLC bought a new position in TTEC in the second quarter worth about $80,000. Finally, Quantinno Capital Management LP bought a new position in TTEC in the third quarter worth about $121,000. 38.03% of the stock is currently owned by institutional investors.

TTEC Company Profile

TTEC Holdings, Inc operates as a customer experience (CX) company that designs, builds, and operates technology-enabled customer experiences across digital and live interaction channels. It operates through two segments, TTEC Digital and TTEC Engage. The TTEC Digital segment provides CX technologies for contact center as a service, customer relationship management, and artificial intelligence (AI) and analytics; creates and implements strategic CX transformation roadmaps; sells, operates, and provides managed services for cloud platforms and premise based CX technologies; creates proprietary IP to support industry specific and custom client needs; and offers CX consulting services.