KDDI (OTCMKTS:KDDIY) Shares Gap Down - What's Next?

Shares of KDDI Corporation Unsponsored ADR (OTCMKTS:KDDIY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $17.42, but opened at $16.88. KDDI shares last traded at $17.3250, with a volume of 6,980 shares.Wall Street Analysts Forecast GrowthSeparately, Zacks Research downgraded shares of KDDI from a "hold" rating to a "strong sell" rating in a research note on Friday, October 10th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".View Our Latest Report on KDDIYKDDI Stock PerformanceThe business's fifty day moving average price is $16.27 and its 200-day moving average price is $16.81. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.58 and a quick ratio of 0.57. The stock has a market capitalization of $72.85 billion, a PE ratio of 13.81 and a beta of 0.08. KDDI (OTCMKTS:KDDIY - Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.33 by $0.04. The company had revenue of $9.90 billion during the quarter, compared to analysts' expectations of $10.40 billion. As a group, equities research analysts expect that KDDI Corporation Unsponsored ADR will post 1.11 EPS for the current year. About KDDI (Get Free Report)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.Further ReadingFive stocks we like better than KDDI3 Grocery Stocks That Can Help Take a Bite Out of Inflation NVIDIA Nears Buy Zone as Rumors Swirl About China Chip Deal10 Best Airline Stocks to BuyThese 3 Tech Companies Are Suddenly Paying Bigger DividendsThe Most Important Warren Buffett Stock for Investors: His OwnHoliday Spending to Hit $1 Trillion—Time to Buy This Retail ETF?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in KDDI Right Now?Before you consider KDDI, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KDDI wasn't on the list.While KDDI currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here