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

Key Points

• KDDI Corporation's shares opened at $18.40 after closing at $17.51, demonstrating significant movement in pre-trading on Tuesday.
• The company reported quarterly earnings per share of $0.30, missing analysts' expectations of $0.33, with a revenue of $9.54 billion compared to a $9.99 billion forecast.
• KDDI has a market cap of $74.88 billion and a PE ratio of 17.70, reflecting its valuation metrics in the telecommunications sector.

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $17.51, but opened at $18.40. KDDI shares last traded at $17.94, with a volume of 12,293 shares traded.

KDDI Stock Up 2.6%

The business's fifty day moving average price is $16.83 and its 200 day moving average price is $16.84. The company has a market capitalization of $74.84 billion, a P/E ratio of 17.69 and a beta of 0.07. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.39.

KDDI (OTCMKTS:KDDIY - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The company reported $0.30 EPS for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $9.99 billion. As a group, equities research analysts predict that KDDI Corporation Unsponsored ADR will post 1.11 earnings per share 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.