KDDI (OTCMKTS:KDDIY) Shares Gap Up – What’s Next?

by · The Cerbat Gem

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY – Get Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $17.45, but opened at $18.2299. KDDI shares last traded at $17.56, with a volume of 64,923 shares.

Analysts Set New Price Targets

Separately, Zacks Research raised KDDI from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Read Our Latest Stock Report on KDDI

KDDI Price Performance

The firm has a market capitalization of $73.53 billion, a P/E ratio of 13.94 and a beta of 0.05. The company has a fifty day moving average of $16.54 and a 200 day moving average of $16.75. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.56 and a quick ratio of 0.54.

KDDI (OTCMKTS:KDDIY – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. The firm had revenue of $9.90 billion during the quarter, compared to analyst estimates of $10.40 billion. Sell-side analysts predict that KDDI Corporation Unsponsored ADR will post 1.11 earnings per share for the current year.

About KDDI

(Get Free Report)

KDDI Corporation provides telecommunications services in Japan and internationally. It operates in two segments, Personal Services and Business Services. The Personal Services segment offers telecommunication services and other services such as finance, energy, and LX through its multi-brands au, UQ mobile, and povo.

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