TeleTech Holdings, Inc. (NASDAQ:TTEC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.24 and traded as high as $5.40. TeleTech shares last traded at $5.15, with a volume of 174,063 shares changing hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of TeleTech from a "hold" rating to a "buy" rating in a research note on Saturday, June 7th.
View Our Latest Stock Report on TTEC
TeleTech Trading Down 4.5%
The firm has a market cap of $246.32 million, a price-to-earnings ratio of -0.77, a price-to-earnings-growth ratio of 0.40 and a beta of 1.26. The business's 50 day moving average price is $4.98 and its 200-day moving average price is $4.24. The company has a debt-to-equity ratio of 3.42, a quick ratio of 1.96 and a current ratio of 1.96.
Institutional Investors Weigh In On TeleTech
Institutional investors and hedge funds have recently bought and sold shares of the business. Quantbot Technologies LP raised its stake in TeleTech by 140.5% during the fourth quarter. Quantbot Technologies LP now owns 12,883 shares of the business services provider's stock worth $64,000 after acquiring an additional 7,527 shares during the period. JPMorgan Chase & Co. increased its stake in shares of TeleTech by 77.0% in the fourth quarter. JPMorgan Chase & Co. now owns 16,892 shares of the business services provider's stock valued at $84,000 after purchasing an additional 7,347 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of TeleTech in the fourth quarter valued at approximately $85,000. Shay Capital LLC acquired a new stake in shares of TeleTech in the fourth quarter valued at approximately $86,000. Finally, AE Wealth Management LLC increased its stake in shares of TeleTech by 27.1% in the first quarter. AE Wealth Management LLC now owns 26,048 shares of the business services provider's stock valued at $86,000 after purchasing an additional 5,560 shares during the period. Institutional investors and hedge funds own 38.03% of the company's stock.
About TeleTech
(
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.
Further Reading
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