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

CyberAgent (OTCMKTS:CYGIY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $4.20, but opened at $4.42. CyberAgent shares last traded at $4.42, with a volume of 1 shares traded.

CyberAgent Price Performance

The stock has a market cap of $4.47 billion, a P/E ratio of 17.64 and a beta of 0.61. The business has a 50 day simple moving average of $4.42 and a 200-day simple moving average of $5.41. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.28 and a current ratio of 2.33.

CyberAgent (OTCMKTS:CYGIY) last released its earnings results on Friday, February 6th. The company reported $0.08 EPS for the quarter. The company had revenue of $1.51 billion for the quarter. CyberAgent had a return on equity of 16.76% and a net margin of 4.31%. On average, sell-side analysts forecast that CyberAgent will post 0.15 EPS 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.