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

CyberAgent, Inc. (OTCMKTS:CYAGF)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $9.25, but opened at $8.0640. CyberAgent shares last traded at $8.0640, with a volume of 100 shares changing hands.

CyberAgent Price Performance

The company’s fifty day simple moving average is $8.63 and its 200 day simple moving average is $8.47. The company has a current ratio of 2.54, a quick ratio of 2.47 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $4.09 billion, a P/E ratio of 14.40 and a beta of 0.37.

CyberAgent (OTCMKTS:CYAGF) last announced its earnings results on Friday, August 7th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). CyberAgent had a net margin of 4.57% and a return on equity of 17.18%. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.39 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.