CyberAgent (OTCMKTS:CYGIY) Hits New 1-Year Low – Time to Sell?

CyberAgent (OTCMKTS:CYGIY) shares reached a new 52-week low on Friday . The company traded as low as $3.75 and last traded at $3.75, with a volume of 4 shares trading hands. The stock had previously closed at $4.0750.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of CyberAgent to a “hold” rating in a report on Friday, June 19th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, CyberAgent has an average rating of “Hold”.

CyberAgent Trading Down 2.6%

The stock’s 50-day moving average is $4.40 and its two-hundred day moving average is $4.24. The stock has a market cap of $3.80 billion, a P/E ratio of 13.89 and a beta of 0.33. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.54 and a quick ratio of 2.26.

About CyberAgent

CyberAgent, Inc is a Japanese internet services and technology company founded in 1998 by Susumu Fujita. Headquartered in Tokyo, the company develops and operates digital advertising, media, entertainment and gaming businesses, primarily serving consumers and businesses in Japan.

Its internet advertising business provides digital marketing, advertising technology and related services to corporate customers. CyberAgent also operates media platforms, including Ameba, a blogging and content service, and ABEMA, a digital video streaming platform offering news, entertainment, sports and original programming.

Through subsidiaries and affiliated businesses, CyberAgent develops and publishes mobile and online games, including titles created by game studios such as Cygames.