KDDI (OTCMKTS:KDDIY) Reaches New 12-Month High – Should You Buy?

Shares of KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) reached a new 52-week high on Monday . The company traded as high as $18.76 and last traded at $18.00, with a volume of 2321 shares. The stock had previously closed at $17.46.

Analyst Ratings Changes

Separately, Zacks Research cut shares of KDDI from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, KDDI presently has an average rating of “Sell”.

KDDI Trading Up 1.1%

The firm has a 50 day moving average price of $17.04 and a two-hundred day moving average price of $16.87. The firm has a market capitalization of $72.17 billion, a P/E ratio of 14.52, a price-to-earnings-growth ratio of 0.80 and a beta of 0.06. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.55 and a current ratio of 0.56.

KDDI (OTCMKTS:KDDIY) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.27 earnings per share (EPS) 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, equities research analysts expect that KDDI Corporation Unsponsored ADR will post 3.3 EPS 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.