KDDI (OTCMKTS:KDDIY) Upgraded at New Street Research

New Street Research upgraded shares of KDDI (OTCMKTS:KDDIY) to a strong-buy rating in a report published on Monday, Zacks.com reports.

KDDI Stock Down 0.9 %

Shares of OTCMKTS KDDIY opened at $16.76 on Monday. KDDI has a 52-week low of $12.80 and a 52-week high of $17.64. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.66 and a current ratio of 0.68. The business has a fifty day moving average of $15.40 and a two-hundred day moving average of $14.58. The stock has a market cap of $73.47 billion, a PE ratio of 15.96 and a beta of 0.06.

KDDI (OTCMKTS:KDDIY) last announced its quarterly earnings results on Friday, August 2nd. The company reported $0.27 earnings per share (EPS) for the quarter. The firm had revenue of $8.91 billion during the quarter. KDDI had a net margin of 10.98% and a return on equity of 10.98%. As a group, equities research analysts expect that KDDI will post 1.12 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.