KDDI (OTCMKTS:KDDIY) Stock Passes Above Fifty Day Moving Average of $15.81

Shares of KDDI Co. (OTCMKTS:KDDIY) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $15.81 and traded as high as $16.73. KDDI shares last traded at $16.70, with a volume of 50,535 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, New Street Research upgraded KDDI to a “strong-buy” rating in a report on Monday, September 9th.

KDDI Trading Down 1.2 %

The firm has a market cap of $73.21 billion, a price-to-earnings ratio of 15.90 and a beta of 0.06. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.66 and a current ratio of 0.68. The company has a 50 day moving average price of $15.81 and a 200 day moving average price of $14.67.

KDDI (OTCMKTS:KDDIY) last posted its earnings results on Friday, August 2nd. The company reported $0.27 EPS for the quarter. KDDI had a net margin of 10.98% and a return on equity of 10.98%. The company had revenue of $8.91 billion for the quarter. On average, research analysts expect that KDDI Co. will post 1.12 earnings per share for the current 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.