KDDI (OTCMKTS:KDDIY) Shares Gap Down - What's Next?

Key Points

• KDDI Corporation shares gapped down, opening at $17.13 after closing at $17.95, with the last trade at $17.82.
• The company reported $0.30 EPS for the last quarter, missing the estimated $0.33, with revenues of $9.54 billion against expectations of $9.99 billion.
• KDDI Corporation has a market capitalization of $74.61 billion and operates in both personal and business telecommunications services across Japan and internationally.

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $17.95, but opened at $17.13. KDDI shares last traded at $17.82, with a volume of 5,323 shares traded.

KDDI Stock Up 1.5%

The firm has a fifty day simple moving average of $16.94 and a 200-day simple moving average of $16.88. The company has a market capitalization of $76.18 billion, a P/E ratio of 18.01 and a beta of 0.07. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 0.39.

KDDI (OTCMKTS:KDDIY - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.03). KDDI had a return on equity of 10.87% and a net margin of 10.71%.The business had revenue of $9.54 billion during the quarter, compared to the consensus estimate of $9.99 billion. On average, equities research analysts expect that KDDI Corporation Unsponsored ADR will post 1.11 EPS for the current fiscal 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.