KDDI (OTCMKTS:KDDIY) Shares Gap Down – Time to Sell?

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) shares gapped down prior to trading on Monday . The stock had previously closed at $18.04, but opened at $17.11. KDDI shares last traded at $17.75, with a volume of 838 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on KDDIY shares. Erste Group Bank raised shares of KDDI to a “strong-buy” rating in a research note on Monday, July 27th. Zacks Research downgraded KDDI from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

KDDI Trading Up 0.2%

The company has a market cap of $71.41 billion, a price-to-earnings ratio of 14.14, a P/E/G ratio of 1.03 and a beta of 0.05. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.55 and a current ratio of 0.56. The firm has a fifty day moving average price of $17.45 and a 200 day moving average price of $17.00.

KDDI (OTCMKTS:KDDIY) last issued its earnings results on Friday, August 7th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates 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. As a group, equities analysts predict that KDDI Corporation Unsponsored ADR will post 2.6 EPS 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.