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LY (OTCMKTS:YAHOY) Shares Gap Down - Should You Sell?

LY logo with Retail/Wholesale background

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $7.28, but opened at $6.93. LY shares last traded at $6.93, with a volume of 5,737 shares changing hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on LY

LY Stock Up 1.0%

The company has a 50 day simple moving average of $7.27 and a 200 day simple moving average of $6.78. The stock has a market cap of $24.20 billion, a price-to-earnings ratio of 25.81 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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