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

CyberAgent, Inc. (OTCMKTS:CYAGF)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $9.59, but opened at $9.00. CyberAgent shares last traded at $9.00, with a volume of 250 shares trading hands.

CyberAgent Stock Down 6.2%

The company’s 50 day simple moving average is $9.11 and its 200-day simple moving average is $10.07. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.14 and a current ratio of 2.19. The firm has a market capitalization of $4.56 billion, a PE ratio of 22.50 and a beta of 0.87.

CyberAgent (OTCMKTS:CYAGF) last released its quarterly earnings results on Friday, November 14th. The company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). CyberAgent had a net margin of 3.62% and a return on equity of 14.04%. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.47 billion.

About CyberAgent

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.