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CyberAgent (OTCMKTS:CYAGF) Shares Up 76.8% - Time to Buy?

CyberAgent logo with Computer and Technology background

Key Points

  • CyberAgent, Inc. shares surged 76.8% on Tuesday, reaching a trading price of $12.55, up from a previous close of $7.10.
  • The company's latest quarterly earnings report showed an EPS of $0.14, exceeding estimates of $0.10, with revenues of $1.46 billion.
  • CyberAgent operates in various sectors including media, internet advertising, and gaming services within Japan, leveraging platforms like Ameba and Tapple.
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CyberAgent, Inc. (OTCMKTS:CYAGF - Get Free Report)'s stock price shot up 76.8% during trading on Tuesday . The stock traded as high as $12.55 and last traded at $12.55. 6,000 shares were traded during mid-day trading, The stock had previously closed at $7.10.

CyberAgent Stock Up 76.8%

The firm has a 50-day simple moving average of $8.17 and a 200 day simple moving average of $7.80. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.27 and a quick ratio of 2.21. The company has a market capitalization of $6.35 billion, a PE ratio of 41.83 and a beta of 0.72.

CyberAgent (OTCMKTS:CYAGF - Get Free Report) last released its quarterly earnings data on Friday, August 8th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.10 by $0.04. CyberAgent had a return on equity of 12.53% and a net margin of 2.93%.The company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.44 billion.

CyberAgent Company Profile

(Get Free Report)

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.

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