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

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $18.22, but opened at $17.37. KDDI shares last traded at $17.37, with a volume of 235 shares trading hands.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Erste Group Bank raised KDDI to a “strong-buy” rating in a report on Monday, July 27th. Zacks Research upgraded KDDI from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Two investment analysts have rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

View Our Latest Analysis on KDDIY

KDDI Price Performance

The company has a debt-to-equity ratio of 0.44, a current ratio of 0.53 and a quick ratio of 0.52. The company has a 50 day moving average price of $18.66 and a 200 day moving average price of $17.40. The firm has a market cap of $71.91 billion, a PE ratio of 14.24, a PEG ratio of 1.89 and a beta of 0.09.

KDDI (OTCMKTS:KDDIY – Get Free Report) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. The firm had revenue of $9.40 billion during the quarter, compared to analysts’ expectations of $9.31 billion. Sell-side analysts expect that KDDI Corporation Unsponsored ADR will post 1.29 EPS for the current fiscal year.

KDDI Company Profile

(Get Free Report)

KDDI Corporation is a Japanese telecommunications company that provides communications, technology and digital services to consumers, businesses and government organizations. Its offerings include mobile voice and data services, fixed-line telecommunications, broadband internet, network connectivity and related information technology solutions.

KDDI markets consumer services under brands such as au, UQ mobile and povo, and also provides smartphones, internet access, digital content, financial services and other lifestyle products.

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