CyberAgent (OTCMKTS:CYGIY) Shares Gap Down – What’s Next?

CyberAgent (OTCMKTS:CYGIY) shares gapped down prior to trading on Friday . The stock had previously closed at $6.25, but opened at $4.78. CyberAgent shares last traded at $4.78, with a volume of 79 shares changing hands.

CyberAgent Price Performance

The stock has a market capitalization of $4.83 billion, a price-to-earnings ratio of 23.85 and a beta of 0.59. The company’s 50-day simple moving average is $6.00 and its 200-day simple moving average is $5.65. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.19 and a quick ratio of 2.14.

CyberAgent (OTCMKTS:CYGIY) last announced its earnings results on Friday, November 14th. The company reported $0.07 earnings per share for the quarter. The company had revenue of $1.64 billion for the quarter. CyberAgent had a return on equity of 14.04% and a net margin of 3.62%. Research analysts forecast that CyberAgent will post 0.15 earnings per share for the current fiscal year.

CyberAgent Company Profile

CyberAgent, Inc is a Tokyo‐based digital services company known for its diversified operations in online advertising, media content, and mobile gaming. Founded in 1998 by Susumu Fujita, the company pioneered performance‐based internet advertising in Japan and quickly expanded its reach. CyberAgent operates as a publicly traded entity on the Tokyo Stock Exchange and maintains an American Depositary Receipt (ADR) program under the ticker CYGIY on the OTC Markets.

In its advertising segment, CyberAgent provides a comprehensive suite of digital marketing solutions, including programmatic ad buying, influencer marketing, and data analytics.