KDDI (OTCMKTS:KDDIY – Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04, Zacks reports.
KDDI Trading Up 1.2%
Shares of OTCMKTS:KDDIY traded up $0.22 during mid-day trading on Friday, reaching $18.50. 138,282 shares of the company’s stock were exchanged, compared to its average volume of 334,297. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.55 and a current ratio of 0.56. KDDI has a twelve month low of $12.95 and a twelve month high of $19.52. The firm has a market capitalization of $74.14 billion, a price-to-earnings ratio of 14.92, a PEG ratio of 1.03 and a beta of 0.05. The business’s fifty day moving average price is $17.30 and its 200-day moving average price is $16.96.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on KDDIY shares. Zacks Research downgraded KDDI from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 23rd. Erste Group Bank upgraded shares of KDDI to a “strong-buy” rating in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.
About KDDI
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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