TTEC (NASDAQ:TTEC) Rating Increased to Hold at StockNews.com

StockNews.com upgraded shares of TTEC (NASDAQ:TTEC) from a sell rating to a hold rating in a research report report published on Wednesday.

TTEC Trading Up 1.1 %

NASDAQ:TTEC opened at $3.67 on Wednesday. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 3.47. TTEC has a 12 month low of $3.37 and a 12 month high of $18.44. The company has a market cap of $175.17 million, a PE ratio of -0.53, a price-to-earnings-growth ratio of 1.53 and a beta of 1.04. The company has a 50 day simple moving average of $4.06 and a two-hundred day simple moving average of $4.64.

Institutional Investors Weigh In On TTEC

A number of hedge funds have recently modified their holdings of TTEC. XTX Topco Ltd bought a new stake in shares of TTEC during the 3rd quarter valued at $59,000. GAMMA Investing LLC grew its position in shares of TTEC by 1,054.6% during the 4th quarter. GAMMA Investing LLC now owns 12,828 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 11,717 shares during the period. Quantbot Technologies LP grew its position in shares of TTEC by 140.5% during the 4th quarter. Quantbot Technologies LP now owns 12,883 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 7,527 shares during the period. Pacific Sun Financial Corp bought a new stake in shares of TTEC during the 4th quarter valued at $72,000. Finally, JPMorgan Chase & Co. grew its position in shares of TTEC by 77.0% during the 4th 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.

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.