TTEC (NASDAQ:TTEC - Get Free Report) was upgraded by investment analysts at StockNews.com from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Friday.
TTEC Price Performance
TTEC traded up $0.11 during trading on Friday, hitting $3.66. The company's stock had a trading volume of 330,309 shares, compared to its average volume of 273,065. 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 $174.69 million, a price-to-earnings ratio of -0.52, a price-to-earnings-growth ratio of 1.40 and a beta of 1.04. The firm's 50 day moving average price is $4.24 and its two-hundred day moving average price is $4.72. TTEC has a 12 month low of $3.37 and a 12 month high of $18.76.
Institutional Investors Weigh In On TTEC
A number of hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC grew its stake in shares of TTEC by 12.2% during the fourth quarter. Barclays PLC now owns 37,771 shares of the business services provider's stock valued at $189,000 after purchasing an additional 4,117 shares during the last quarter. American Century Companies Inc. boosted its position in TTEC by 13.4% in the 4th quarter. American Century Companies Inc. now owns 36,508 shares of the business services provider's stock valued at $182,000 after buying an additional 4,313 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of TTEC by 24.2% in the 4th quarter. Quantinno Capital Management LP now owns 25,561 shares of the business services provider's stock valued at $128,000 after buying an additional 4,981 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of TTEC by 20.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,443 shares of the business services provider's stock worth $182,000 after acquiring an additional 6,273 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of TTEC by 77.0% during the fourth quarter. JPMorgan Chase & Co. now owns 16,892 shares of the business services provider's stock valued at $84,000 after acquiring an additional 7,347 shares during the period. Institutional investors own 38.03% of the company's stock.
About TTEC
(
Get Free Report)
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.
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