KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY – Get Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $19.75 and last traded at $19.23, with a volume of 8060 shares changing hands. The stock had previously closed at $18.71.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on KDDIY shares. Erste Group Bank raised KDDI to a “strong-buy” rating in a research note on Monday, July 27th. Zacks Research raised shares of KDDI from a “strong sell” rating to a “hold” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy”.
Get Our Latest Research Report on KDDI
KDDI Stock Down 0.4%
KDDI (OTCMKTS:KDDIY – Get Free Report) last released its earnings results on Friday, August 7th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. The business had revenue of $9.40 billion for the quarter, compared to analysts’ expectations of $9.31 billion. As a group, equities research analysts predict that KDDI Corporation Unsponsored ADR will post 2.61 earnings per share for the current 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.
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