CyberAgent (OTCMKTS:CYGIY) Reaches New 52-Week Low – Here’s What Happened

Shares of CyberAgent (OTCMKTS:CYGIY) hit a new 52-week low on Thursday . The stock traded as low as $4.20 and last traded at $4.95, with a volume of 287 shares. The stock had previously closed at $4.57.

CyberAgent Trading Up 8.3%

The company has a 50 day moving average of $4.98 and a 200 day moving average of $5.55. The firm has a market cap of $5.02 billion, a P/E ratio of 19.80 and a beta of 0.59. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.14 and a current ratio of 2.19.

CyberAgent (OTCMKTS:CYGIY) last posted its earnings results on Friday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $1.51 billion during the quarter. CyberAgent had a net margin of 4.31% and a return on equity of 16.57%. Analysts predict that CyberAgent will post 0.15 EPS for the current fiscal year.

CyberAgent Company Profile

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.