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

CyberAgent (OTCMKTS:CYGIY) shares gapped down before the market opened on Tuesday . The stock had previously closed at $4.95, but opened at $4.23. CyberAgent shares last traded at $4.23, with a volume of 25 shares traded.

CyberAgent Stock Down 13.3%

The company has a current ratio of 2.19, a quick ratio of 2.14 and a debt-to-equity ratio of 0.34. The firm has a market cap of $4.29 billion, a PE ratio of 16.92 and a beta of 0.59. The business’s 50-day simple moving average is $4.90 and its 200 day simple moving average is $5.54.

CyberAgent (OTCMKTS:CYGIY) last issued its quarterly earnings data on Friday, February 6th. The company reported $0.08 EPS for the quarter. The company had revenue of $1.51 billion during the quarter. CyberAgent had a net margin of 4.31% and a return on equity of 16.57%. As a group, equities research analysts expect that CyberAgent will post 0.15 earnings per share for the current year.

CyberAgent Company Profile

CyberAgent, Inc is a Tokyo‐based digital services company known for its diversified operations in online advertising, media content, and mobile gaming. Founded in 1998 by Susumu Fujita, the company pioneered performance‐based internet advertising in Japan and quickly expanded its reach. CyberAgent operates as a publicly traded entity on the Tokyo Stock Exchange and maintains an American Depositary Receipt (ADR) program under the ticker CYGIY on the OTC Markets.

In its advertising segment, CyberAgent provides a comprehensive suite of digital marketing solutions, including programmatic ad buying, influencer marketing, and data analytics.