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

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $17.03, but opened at $17.91. KDDI shares last traded at $17.22, with a volume of 828 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of KDDI from a “hold” rating to a “strong sell” rating in a research report on Friday, October 10th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

KDDI Price Performance

The company has a quick ratio of 0.57, a current ratio of 0.56 and a debt-to-equity ratio of 0.40. The firm has a market cap of $72.09 billion, a PE ratio of 13.66 and a beta of 0.05. The stock has a 50 day moving average price of $16.35 and a two-hundred day moving average price of $16.78.

KDDI (OTCMKTS:KDDIY) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. The company had revenue of $9.90 billion during the quarter, compared to analysts’ expectations of $10.40 billion. As a group, equities analysts expect that KDDI Corporation Unsponsored ADR will post 1.11 earnings per share for the current year.

About KDDI

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.