KDDI (OTCMKTS:KDDIY) Sees Large Volume Increase – What’s Next?

Shares of KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) saw strong trading volume on Tuesday . 464,727 shares were traded during trading, an increase of 55% from the previous session’s volume of 299,605 shares.The stock last traded at $17.38 and had previously closed at $17.65.

Analysts Set New Price Targets

Separately, Zacks Research raised KDDI from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

KDDI Trading Down 1.1%

The company has a quick ratio of 0.54, a current ratio of 0.56 and a debt-to-equity ratio of 0.40. The company has a 50-day moving average price of $17.14 and a 200-day moving average price of $16.88. The company has a market capitalization of $66.43 billion, a price-to-earnings ratio of 13.85 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.