CyberAgent (OTCMKTS:CYAGF) Shares Gap Down – Here’s What Happened

CyberAgent, Inc. (OTCMKTS:CYAGF)’s share price gapped down prior to trading on Monday . The stock had previously closed at $9.52, but opened at $9.00. CyberAgent shares last traded at $9.44, with a volume of 204 shares trading hands.

CyberAgent Price Performance

The stock’s 50 day moving average is $8.92 and its two-hundred day moving average is $10.24. The stock has a market capitalization of $4.56 billion, a PE ratio of 18.75 and a beta of 1.00. 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:CYAGF) last issued its earnings results on Friday, November 14th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.47 billion. CyberAgent had a return on equity of 14.04% and a net margin of 3.62%.

About CyberAgent

CyberAgent, Inc is a Tokyo-based digital services company founded in 1998 by Susumu Fujita. The firm operates across three primary segments—digital advertising, gaming and media—serving clients and consumers mainly in Japan and select markets in Asia. Its headquarters in Shibuya, Tokyo, houses its leadership team led by Fujita in his roles as founder and chief executive officer.

In the digital advertising arena, CyberAgent provides performance marketing, programmatic display advertising, social media promotion and strategic consulting services.