KDDI (OTCMKTS:KDDIY) Shares Gap Down – Time to Sell?

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) gapped down before the market opened on Wednesday . The stock had previously closed at $16.34, but opened at $15.40. KDDI shares last traded at $16.47, with a volume of 6,189 shares.

KDDI Price Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.55 and a current ratio of 0.56. The firm has a market capitalization of $66.40 billion, a P/E ratio of 13.36 and a beta of 0.05. The business has a fifty day moving average of $16.64 and a 200-day moving average of $16.89.

KDDI (OTCMKTS:KDDIY) last announced its earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.63). The business had revenue of $10.15 billion during the quarter, compared to analysts’ expectations of $10.31 billion. On average, sell-side analysts forecast that KDDI Corporation Unsponsored ADR will post 1.27 EPS for the current fiscal year.

KDDI Company Profile

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.