KDDI (OTCMKTS:KDDIY) Shares Cross Above 50-Day Moving Average – Should You Sell?

KDDI Co. (OTCMKTS:KDDIY)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.08 and traded as high as $16.61. KDDI shares last traded at $16.17, with a volume of 1,539,716 shares trading hands.

Analyst Ratings Changes

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

KDDI Price Performance

The company has a market capitalization of $70.88 billion, a PE ratio of 16.17 and a beta of 0.06. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.68 and a quick ratio of 0.66. The company’s 50 day simple moving average is $16.08 and its 200 day simple moving average is $15.10.

KDDI (OTCMKTS:KDDIY) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.29 EPS for the quarter. The company had revenue of $9.86 billion for the quarter. KDDI had a net margin of 10.62% and a return on equity of 10.64%. As a group, sell-side analysts predict that KDDI Co. will post 1.11 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.