CyberAgent (OTCMKTS:CYAGF) Reaches New 12-Month High - What's Next?

Key Points

• CyberAgent, Inc. shares reached a new 52-week high at $13.00, with a significant increase of 9.7% in stock price.
• The company reported earnings per share (EPS) of $0.14 for the latest quarter, exceeding analysts' estimates of $0.10, along with revenue of $1.46 billion.
• CyberAgent has a market capitalization of $6.58 billion and maintains a debt-to-equity ratio of 0.33, indicating a relatively low level of debt compared to equity.

CyberAgent, Inc. (OTCMKTS:CYAGF - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $13.00 and last traded at $13.00, with a volume of 15 shares traded. The stock had previously closed at $11.85.

CyberAgent Stock Up 9.7%

The company has a current ratio of 2.40, a quick ratio of 2.34 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $6.58 billion, a PE ratio of 43.33 and a beta of 0.82. The business's 50-day simple moving average is $9.31 and its 200-day simple moving average is $8.26.

CyberAgent (OTCMKTS:CYAGF - Get Free Report) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.04. CyberAgent had a net margin of 2.93% and a return on equity of 12.20%. The company had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.44 billion.

About CyberAgent

CyberAgent, Inc engages in the media, internet advertising, game, and investment development businesses primarily in Japan. The company operates Ameba, a blog service; Tapple for online dating; AWA, a music streaming service; and WinTicket for online betting. It also offers internet advertising agency and ad technology services; and smartphone games.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.