LY (OTCMKTS:YAHOY) Shares Gap Down – Here’s What Happened

Shares of LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) gapped down prior to trading on Monday. The stock had previously closed at $6.74, but opened at $6.4750. LY shares last traded at $6.58, with a volume of 5,936 shares.

LY Stock Up 1.6%

The company has a 50 day simple moving average of $6.63 and a 200-day simple moving average of $5.76. The stock has a market capitalization of $23.00 billion, a price-to-earnings ratio of 17.13 and a beta of 0.93.

LY (OTCMKTS:YAHOY) last posted its quarterly earnings results on Monday, August 3rd. The technology company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $3.48 billion for the quarter. LY had a return on equity of 5.49% and a net margin of 6.24%. As a group, sell-side analysts anticipate that LY Corporation Unsponsored ADR will post 0.42 earnings per share for the current fiscal year.

LY Company Profile

Yahoo Inc is a global technology and media company that operates a portfolio of consumer internet services. Its offerings include Yahoo Mail, Yahoo Search, Yahoo Finance, Yahoo News, Yahoo Sports and Yahoo Entertainment, which provide users with communication, information, financial content and digital media experiences.

The company generates revenue primarily through digital advertising and related partnerships across its online properties. Yahoo serves users internationally, with its services available across multiple geographic markets and supported by localized content and products.

Yahoo was founded in 1994 by Jerry Yang and David Filo.