KDDI (OTCMKTS:KDDIY) Reaches New 52-Week High – Should You Buy?

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $20.54 and last traded at $20.54, with a volume of 1230 shares changing hands. The stock had previously closed at $19.51.

Analyst Ratings Changes

KDDIY has been the topic of a number of research reports. Zacks Research raised shares of KDDI from a “strong sell” rating to a “hold” rating in a research report on Monday, August 17th. Erste Group Bank raised shares of KDDI to a “strong-buy” rating in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

KDDI Trading Down 0.7%

The business’s 50 day simple moving average is $18.46 and its 200 day simple moving average is $17.34. The stock has a market cap of $77.66 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 2.07 and a beta of 0.05. The company has a quick ratio of 0.52, a current ratio of 0.53 and a debt-to-equity ratio of 0.44.

KDDI (OTCMKTS:KDDIY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.04. The firm had revenue of $9.40 billion for the quarter, compared to analyst estimates of $9.31 billion. On average, research analysts expect that KDDI Corporation Unsponsored ADR will post 1.26 EPS for the current fiscal year.

KDDI Company Profile

KDDI Corporation is a Japanese telecommunications and information technology company headquartered in Tokyo. The company provides mobile communications, fixed-line telecommunications, broadband internet, and related digital services to consumers, businesses, and public-sector customers. Its principal consumer brands include au, UQ mobile, and povo.

KDDI also offers enterprise services such as network connectivity, cloud computing, data centers, cybersecurity, systems integration, and communications solutions for businesses.