KDDI (OTCMKTS:KDDIY – Get Free Report) released its quarterly earnings data on Friday. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.04, Zacks reports.
KDDI Stock Up 1.2%
Shares of OTCMKTS:KDDIY traded up $0.22 during trading on Friday, reaching $18.50. The stock had a trading volume of 138,282 shares, compared to its average volume of 334,297. The firm’s 50-day simple moving average is $17.28 and its 200 day simple moving average is $16.95. The company has a current ratio of 0.56, a quick ratio of 0.55 and a debt-to-equity ratio of 0.46. KDDI has a one year low of $12.95 and a one year high of $19.52. The company has a market capitalization of $74.14 billion, a P/E ratio of 14.92, a PEG ratio of 1.03 and a beta of 0.05.
Wall Street Analyst Weigh In
KDDIY has been the topic of a number of research reports. Erste Group Bank raised shares of KDDI to a “strong-buy” rating in a research report on Monday, July 27th. Zacks Research downgraded shares of KDDI from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, KDDI has a consensus rating of “Moderate Buy”.
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.
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