LY (OTCMKTS:YAHOY) Reaches New 12-Month Low – Here’s What Happened

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $4.59 and last traded at $4.59, with a volume of 111849 shares changing hands. The stock had previously closed at $4.81.

LY Price Performance

The company has a market cap of $16.52 billion, a price-to-earnings ratio of 12.00 and a beta of 0.88. The firm has a 50 day simple moving average of $5.11 and a 200-day simple moving average of $5.62.

LY (OTCMKTS:YAHOY) last announced its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.05 EPS for the quarter. The business had revenue of $3.25 billion for the quarter. LY had a return on equity of 5.85% and a net margin of 10.60%. Research analysts anticipate that LY Corporation Unsponsored ADR will post 0.26 EPS for the current fiscal year.

LY Company Profile

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. The company was formerly known as Z Holdings Corporation and changed its name to LY Corporation in October 2023. LY Corporation was founded in 1996 and is headquartered in Chiyoda, Japan. LY Corporation operates as a subsidiary of A Holdings Corporation.