CyberAgent (OTCMKTS:CYGIY) Shares Gap Up – Still a Buy?

Shares of CyberAgent (OTCMKTS:CYGIY) gapped up prior to trading on Thursday . The stock had previously closed at $4.41, but opened at $4.70. CyberAgent shares last traded at $4.70, with a volume of 20 shares traded.

CyberAgent Price Performance

The stock’s 50 day simple moving average is $4.40 and its 200-day simple moving average is $5.30. The firm has a market cap of $4.51 billion, a price-to-earnings ratio of 17.80 and a beta of 0.61. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.28 and a current ratio of 2.33.

CyberAgent (OTCMKTS:CYGIY) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.08 earnings per share for the quarter. CyberAgent had a net margin of 4.31% and a return on equity of 16.76%. The firm had revenue of $1.51 billion for the quarter. Equities research analysts anticipate that CyberAgent will post 0.15 EPS for the current fiscal year.

About CyberAgent

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.