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LY (OTCMKTS:YAHOY) Shares Gap Down - What's Next?

LY logo with Retail/Wholesale background

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $7.27, but opened at $7.03. LY shares last traded at $7.42, with a volume of 23,348 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group began coverage on shares of LY in a report on Tuesday, March 25th. They issued a "neutral" rating for the company.

Check Out Our Latest Analysis on YAHOY

LY Stock Performance

The business has a 50-day moving average price of $7.22 and a 200 day moving average price of $6.83. The stock has a market capitalization of $25.27 billion, a P/E ratio of 26.96 and a beta of 0.79.

About LY

(Get Free Report)

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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