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

CyberAgent (OTCMKTS:CYGIY) gapped up prior to trading on Wednesday . The stock had previously closed at $4.0140, but opened at $4.65. CyberAgent shares last traded at $4.65, with a volume of 3 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded CyberAgent to a “hold” rating in a research report on Friday, June 19th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

CyberAgent Trading Up 0.2%

The stock has a market cap of $4.72 billion, a P/E ratio of 17.22 and a beta of 0.32. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.26 and a current ratio of 2.32. The stock has a 50-day moving average price of $4.31 and a 200-day moving average price of $4.25.

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.