Shares of LY Corporation Unsponsored ADR (OTCMKTS:YAHOY - Get Free Report) dropped 0.4% during mid-day trading on Tuesday . The company traded as low as $7.13 and last traded at $7.15. Approximately 30,282 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 67,165 shares. The stock had previously closed at $7.18.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group assumed coverage on LY in a report on Tuesday, March 25th. They issued a "neutral" rating on the stock.
View Our Latest Research Report on YAHOY
LY Stock Up 1.4%
The company has a 50-day moving average price of $7.33 and a 200-day moving average price of $6.63. The company has a market capitalization of $25.51 billion, a price-to-earnings ratio of 26.41 and a beta of 0.80.
About LY
(
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LY Corporation engages in the online advertising and e-commerce businesses in Japan. The company provides LINE, a communication app; and Yahoo! JAPAN, an internet service that offers search, news, weather, shopping, auction, and other services. It also offers reuse, membership, and payment-related services.
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