KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) Stock Short Interest Report for October

KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 20,858 shares, an increase of 197.8% from the October 15th total of 7,004 shares. Based on an average daily volume of 624,002 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Zacks Research downgraded KDDI from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 9th. Erste Group Bank upgraded shares of KDDI to a “strong-buy” rating in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

KDDI Stock Up 0.7%

Shares of KDDI stock traded up $0.12 during midday trading on Friday, reaching $17.82. 152,047 shares of the company’s stock traded hands, compared to its average volume of 248,750. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.52 and a current ratio of 0.53. KDDI has a 52 week low of $14.67 and a 52 week high of $20.54. The company’s 50 day simple moving average is $18.54 and its 200 day simple moving average is $17.47. The company has a market cap of $71.41 billion, a price-to-earnings ratio of 14.26, a price-to-earnings-growth ratio of 1.67 and a beta of 0.14.

KDDI (OTCMKTS:KDDIY) last posted its earnings results on Friday, November 6th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.02). The business had revenue of $9.89 billion during the quarter, compared to the consensus estimate of $10.01 billion. Equities analysts expect that KDDI will post 1.42 earnings per share for the current fiscal year.

KDDI Company Profile

KDDI Corporation is a Japanese telecommunications and technology company formed in 2000 through the merger of DDI, KDD and IDO. Headquartered in Tokyo, it serves consumers and businesses in Japan and provides communications and related services in international markets. The company’s consumer offerings include mobile services under the au, UQ mobile and povo brands, as well as fixed-line communications and broadband. KDDI also provides business customers with mobile and fixed networks, cloud and data-center services, cybersecurity, and Internet of Things solutions.