KDDI (OTCMKTS:KDDIY) Shares Gap Down – Should You Sell?
by Teresa Graham · The Cerbat GemKDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $17.59, but opened at $16.46. KDDI shares last traded at $16.9975, with a volume of 55,561 shares.
KDDI Trading Down 0.5%
The business’s 50 day simple moving average is $16.60 and its 200 day simple moving average is $16.90. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.56 and a quick ratio of 0.54. The stock has a market cap of $64.87 billion, a P/E ratio of 13.74 and a beta of 0.03.
KDDI (OTCMKTS:KDDIY – Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.63). The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $10.31 billion. On average, analysts expect that KDDI Corporation Unsponsored ADR will post 1.27 earnings per share for the current fiscal year.
About KDDI
KDDI Corporation (OTCMKTS: KDDIY) is a diversified Japanese telecommunications and information services company headquartered in Tokyo, Japan. Formed in 2000 through the merger of DDI Corporation, KDD Corporation and IDO Corporation, KDDI provides a broad set of connectivity and digital services for both consumer and enterprise customers. The company operates under well-known consumer brands and through a network of subsidiaries and affiliates that deliver telecommunications, internet and ICT solutions.
At its core, KDDI offers mobile communications services (including the “au” consumer brand), fixed-line and broadband internet access, and fiber-optic services.