CyberAgent (OTCMKTS:CYGIY) Shares Gap Down – Here’s What Happened

CyberAgent (OTCMKTS:CYGIY)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $4.30, but opened at $3.85. CyberAgent shares last traded at $3.85, with a volume of 5 shares trading hands.

Analyst Upgrades and Downgrades

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

CyberAgent Price Performance

The firm has a market capitalization of $3.90 billion, a PE ratio of 14.26 and a beta of 0.33. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.26 and a current ratio of 2.54. The stock has a fifty day moving average price of $4.43 and a 200-day moving average price of $4.24.

CyberAgent Company Profile

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.