Shares of LY Corporation Unsponsored ADR (OTCMKTS:YAHOY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $6.21, but opened at $6.51. LY shares last traded at $6.26, with a volume of 319 shares trading hands.
Analyst Ratings Changes
Separately, Zacks Research downgraded shares of LY from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 13th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of "Hold".
Check Out Our Latest Stock Analysis on LY
LY Price Performance
The business has a 50-day simple moving average of $6.54 and a 200-day simple moving average of $7.00. The company has a market cap of $21.37 billion, a PE ratio of 23.00 and a beta of 0.69.
LY (OTCMKTS:YAHOY - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The technology company reported $0.08 EPS for the quarter. LY had a return on equity of 5.81% and a net margin of 7.78%.The business had revenue of $3.39 billion during the quarter. On average, research analysts forecast that LY Corporation Unsponsored ADR will post 0.26 EPS for the current fiscal year.
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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