KDDI (OTCMKTS:KDDIY) Shares Gap Down - Here's What Happened

Key Points

• KDDI shares gapped down — the ADR opened at $15.2001 after a prior close of $16.06 and last traded at $15.7750 on light volume (3,224 shares).
• Valuation and liquidity — the stock carries a market cap of $60.04 billion and a P/E of 12.52, with 50- and 200-day moving averages near $16.78–$16.81, but low liquidity ratios (quick 0.54, current 0.56) and moderate leverage (debt/equity 0.40).
• Company profile — KDDI is a diversified Japanese telecommunications and information services firm offering the "au" mobile brand plus fixed-line, broadband, fiber-optic and ICT solutions for consumers and enterprises.

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $16.06, but opened at $15.2001. KDDI shares last traded at $15.7750, with a volume of 3,224 shares trading hands.

KDDI Price Performance

The stock has a fifty day moving average of $16.78 and a 200-day moving average of $16.81. The company has a quick ratio of 0.54, a current ratio of 0.56 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $60.04 billion, a price-to-earnings ratio of 12.52 and a beta of 0.04.

KDDI Company Profile

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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