KDDI (OTCMKTS:KDDIY) Hits New 1-Year High – Should You Buy?

Shares of KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) reached a new 52-week high during trading on Tuesday . The company traded as high as $20.19 and last traded at $19.8130, with a volume of 14650 shares. The stock had previously closed at $19.88.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on KDDIY shares. Erste Group Bank raised shares of KDDI to a “strong-buy” rating in a research report on Monday, July 27th. Zacks Research upgraded KDDI from a “strong sell” rating to a “hold” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

KDDI Stock Up 1.2%

The company’s 50 day moving average is $18.28 and its 200 day moving average is $17.27. The company has a market cap of $78.95 billion, a PE ratio of 15.63, a P/E/G ratio of 2.06 and a beta of 0.05. The company has a current ratio of 0.53, a quick ratio of 0.55 and a debt-to-equity ratio of 0.44.

KDDI (OTCMKTS:KDDIY) last issued its earnings results on Friday, August 7th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. The company had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.31 billion. As a group, analysts predict that KDDI Corporation Unsponsored ADR will post 1.26 earnings per share for the current fiscal year.

About KDDI

KDDI Corporation is a Japanese telecommunications and information technology company headquartered in Tokyo. The company provides mobile communications, fixed-line telecommunications, broadband internet, and related digital services to consumers, businesses, and public-sector customers. Its principal consumer brands include au, UQ mobile, and povo.

KDDI also offers enterprise services such as network connectivity, cloud computing, data centers, cybersecurity, systems integration, and communications solutions for businesses.