KDDI (OTCMKTS:KDDIY) Share Price Crosses Above 50 Day Moving Average of $15.12

Shares of KDDI Co. (OTCMKTS:KDDIY) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $15.12 and traded as high as $17.22. KDDI shares last traded at $16.96, with a volume of 116,934 shares traded.

KDDI Price Performance

The business has a fifty day simple moving average of $15.12 and a two-hundred day simple moving average of $14.55. The company has a current ratio of 0.68, a quick ratio of 0.66 and a debt-to-equity ratio of 0.31. The stock has a market cap of $74.35 billion, a PE ratio of 16.15 and a beta of 0.05.

KDDI (OTCMKTS:KDDIY) last posted its earnings results on Friday, August 2nd. The company reported $0.27 earnings per share for the quarter. KDDI had a return on equity of 10.98% and a net margin of 10.98%. The firm had revenue of $8.91 billion for the quarter. Research analysts forecast that KDDI Co. will post 1.12 earnings per share for the current 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.