KDDI (OTCMKTS:KDDIY) Sees Strong Trading Volume – Should You Buy?

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) saw unusually-high trading volume on Tuesday . Approximately 948,443 shares were traded during mid-day trading, an increase of 187% from the previous session’s volume of 330,059 shares.The stock last traded at $16.50 and had previously closed at $17.03.

KDDI Price Performance

The company has a 50-day moving average price of $16.62 and a two-hundred day moving average price of $16.92. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.56 and a quick ratio of 0.54. The company has a market cap of $62.86 billion, a PE ratio of 13.32 and a beta of 0.03.

KDDI (OTCMKTS:KDDIY) last issued its earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.63). The firm had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $10.31 billion. Sell-side analysts expect that KDDI Corporation Unsponsored ADR will post 1.27 earnings per share for the current fiscal year.

About KDDI

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.