CyberAgent (OTCMKTS:CYAGF) Shares Gap Up – Here’s Why

CyberAgent, Inc. (OTCMKTS:CYAGF)’s share price gapped up prior to trading on Monday . The stock had previously closed at $7.2450, but opened at $8.30. CyberAgent shares last traded at $8.30, with a volume of 100 shares traded.

CyberAgent Stock Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 2.33 and a quick ratio of 2.28. The stock has a market cap of $4.20 billion, a PE ratio of 16.60 and a beta of 1.04. The business has a 50 day moving average price of $8.65 and a two-hundred day moving average price of $9.77.

CyberAgent (OTCMKTS:CYAGF) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.03. CyberAgent had a return on equity of 16.76% and a net margin of 4.31%.The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.45 billion.

CyberAgent Company Profile

CyberAgent, Inc is a Tokyo-based digital services company founded in 1998 by Susumu Fujita. The firm operates across three primary segments—digital advertising, gaming and media—serving clients and consumers mainly in Japan and select markets in Asia. Its headquarters in Shibuya, Tokyo, houses its leadership team led by Fujita in his roles as founder and chief executive officer.

In the digital advertising arena, CyberAgent provides performance marketing, programmatic display advertising, social media promotion and strategic consulting services.