LY (OTCMKTS:YAHOY) Sets New 1-Year Low – Time to Sell?

Shares of LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) hit a new 52-week low on Thursday . The stock traded as low as $5.16 and last traded at $5.17, with a volume of 1939 shares trading hands. The stock had previously closed at $5.21.

LY Trading Down 0.6%

The firm has a market capitalization of $17.82 billion, a P/E ratio of 13.62 and a beta of 0.86. The business’s fifty day moving average is $5.34 and its 200 day moving average is $6.13.

LY (OTCMKTS:YAHOY) last posted its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $3.43 billion for the quarter. LY had a return on equity of 6.38% and a net margin of 10.35%. As a group, sell-side analysts predict that LY Corporation Unsponsored ADR will post 0.26 earnings per share 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.