CyberAgent (OTCMKTS:CYAGF) Shares Gap Up – Time to Buy?

CyberAgent, Inc. (OTCMKTS:CYAGF) shares gapped up before the market opened on Tuesday . The stock had previously closed at $8.70, but opened at $9.52. CyberAgent shares last traded at $9.52, with a volume of 1 shares traded.

CyberAgent Price Performance

The company has a quick ratio of 2.14, a current ratio of 2.19 and a debt-to-equity ratio of 0.34. The company’s 50 day moving average is $8.83 and its 200 day moving average is $10.14. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of 23.80 and a beta of 0.98.

CyberAgent (OTCMKTS:CYAGF) last issued its quarterly earnings data on Friday, November 14th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.47 billion. CyberAgent had a return on equity of 14.04% and a net margin of 3.62%.

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.