KDDI (OTCMKTS:KDDIY) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

KDDI Co. (OTCMKTS:KDDIY) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $16.08 and traded as high as $16.61. KDDI shares last traded at $16.17, with a volume of 1,539,716 shares traded.

Analyst Ratings Changes

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

KDDI Stock Performance

The company’s fifty day moving average is $16.05 and its 200 day moving average is $15.12. The company has a current ratio of 0.63, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $71.28 billion, a P/E ratio of 16.26 and a beta of 0.06.

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

KDDI Company Profile

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.