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

Shares of KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) gapped up prior to trading on Monday . The stock had previously closed at $16.55, but opened at $17.69. KDDI shares last traded at $16.9690, with a volume of 132,006 shares changing hands.

KDDI Stock Down 0.9%

The company has a quick ratio of 0.54, a current ratio of 0.56 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average price of $16.64 and a 200-day moving average price of $16.91. The firm has a market capitalization of $67.77 billion, a PE ratio of 13.64 and a beta of 0.05.

KDDI (OTCMKTS:KDDIY) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.63). The firm had revenue of $10.15 billion during the quarter, compared to analyst estimates of $10.31 billion. Equities research analysts forecast that KDDI Corporation Unsponsored ADR will post 1.27 earnings per share for the current fiscal year.

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.