LY (OTCMKTS:YAHOY – Get Free Report) posted its quarterly earnings results on Tuesday. The technology company reported $0.12 earnings per share (EPS) for the quarter, Zacks reports. LY had a return on equity of 5.81% and a net margin of 7.78%.
LY Stock Up 2.1%
Shares of YAHOY stock traded up $0.12 on Tuesday, hitting $5.97. The company had a trading volume of 69,064 shares, compared to its average volume of 134,560. The firm has a market cap of $20.54 billion, a P/E ratio of 22.11 and a beta of 0.71. The company has a 50-day moving average price of $6.23 and a 200-day moving average price of $6.85. LY has a twelve month low of $5.16 and a twelve month high of $8.41.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut shares of LY from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.
About LY
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.
See Also
- Five stocks we like better than LY
- What does consumer price index measure?
- Why Roblox Stock Could Soar 75% After the Q3 Dip
- Using the MarketBeat Dividend Tax Calculator
- Amazon vs. Apple: Which Mag 7 Is the Better Buy?
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Is Starbucks Quietly Setting Up for a Major 2026 Comeback?
Receive News & Ratings for LY Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LY and related companies with MarketBeat.com's FREE daily email newsletter.
