KDDI (OTCMKTS:KDDIY) Stock Passes Below 50-Day Moving Average – Should You Sell?

KDDI Co. (OTCMKTS:KDDIY) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $16.05 and traded as low as $15.86. KDDI shares last traded at $15.92, with a volume of 165,329 shares traded.

Analyst Ratings Changes

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

KDDI Price Performance

The company has a 50-day moving average of $16.06 and a 200 day moving average of $15.63. The company has a quick ratio of 0.62, a current ratio of 0.63 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $69.79 billion, a PE ratio of 15.92 and a beta of 0.08.

KDDI (OTCMKTS:KDDIY) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.29 EPS for the quarter. The business had revenue of $9.86 billion for the quarter. KDDI had a return on equity of 10.70% and a net margin of 10.62%. Sell-side analysts predict that KDDI Co. will post 1.11 EPS for the current year.

About KDDI

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.