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LY (OTCMKTS:YAHOY) Shares Gap Up - Should You Buy?

LY logo with Retail/Wholesale background

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY - Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $7.14, but opened at $7.38. LY shares last traded at $7.38, with a volume of 401 shares traded.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Report on LY

LY Trading Up 5.2%

The company has a market capitalization of $26.86 billion, a PE ratio of 27.81 and a beta of 0.80. The stock has a fifty day simple moving average of $7.33 and a 200-day simple moving average of $6.56.

LY Company Profile

(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.

Further Reading

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.

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