KDDI (OTCMKTS:KDDIY) Stock Crosses Below 200 Day Moving Average - Here's What Happened

Key Points

• KDDI stock crossed below its 200-day moving average, trading as low as $16.0001 and last at $16.35 versus the 200-day SMA of $16.80, on volume of 182,892 shares.
• KDDI has a market capitalization of $62.25 billion and a P/E of 12.98, with low liquidity metrics (current ratio 0.56, quick ratio 0.54), a debt-to-equity ratio of 0.40, a 50-day SMA of $16.84, and a beta of 0.04.

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $16.80 and traded as low as $16.0001. KDDI shares last traded at $16.35, with a volume of 182,892 shares.

KDDI Stock Performance

The firm's 50-day simple moving average is $16.84 and its two-hundred day simple moving average is $16.80. The company has a current ratio of 0.56, a quick ratio of 0.54 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $62.25 billion, a PE ratio of 12.98 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.