CyberAgent (OTCMKTS:CYGIY) Shares Gap Up – Still a Buy?

CyberAgent (OTCMKTS:CYGIY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $4.6750, but opened at $5.00. CyberAgent shares last traded at $5.00, with a volume of 2 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of CyberAgent to a “hold” rating in a research report on Friday, June 19th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, CyberAgent presently has a consensus rating of “Hold”.

CyberAgent Stock Up 7.0%

The company has a market cap of $5.07 billion, a P/E ratio of 18.52 and a beta of 0.32. The stock’s 50-day moving average price is $4.02 and its 200-day moving average price is $4.31. The company has a current ratio of 2.32, a quick ratio of 2.26 and a debt-to-equity ratio of 0.33.

About CyberAgent

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.