KDDI (OTCMKTS:KDDIY) Shares Gap Down – Should You Sell?

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $17.23, but opened at $16.53. KDDI shares last traded at $17.2135, with a volume of 33,306 shares changing hands.

Analyst Upgrades and Downgrades

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

KDDI Trading Up 0.4%

The company has a debt-to-equity ratio of 0.39, a current ratio of 0.58 and a quick ratio of 0.57. The business has a fifty day moving average of $16.24 and a 200-day moving average of $16.85. The stock has a market capitalization of $72.45 billion, a price-to-earnings ratio of 13.73 and a beta of 0.08.

KDDI (OTCMKTS:KDDIY) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. The business had revenue of $9.90 billion for the quarter, compared to the consensus estimate of $10.40 billion. On average, equities analysts anticipate that KDDI Corporation Unsponsored ADR will post 1.11 earnings per share for the current fiscal year.

KDDI Company Profile

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.