LY Corporation Unsponsored ADR (OTCMKTS:YAHOY – Get Free Report) shares gapped down before the market opened on Thursday. The stock had previously closed at $7.05, but opened at $6.4050. LY shares last traded at $6.52, with a volume of 2,944 shares traded.
LY Price Performance
The firm’s 50-day moving average price is $6.36 and its 200-day moving average price is $5.57. The company has a market cap of $22.21 billion, a price-to-earnings ratio of 16.54 and a beta of 0.90.
LY (OTCMKTS:YAHOY – Get Free Report) last posted its earnings results on Monday, August 3rd. The technology company reported $0.12 earnings per share for the quarter. LY had a net margin of 6.24% and a return on equity of 5.49%. The business had revenue of $3.48 billion for the quarter. On average, sell-side analysts anticipate that LY Corporation Unsponsored ADR will post 0.42 earnings per share for the current year.
LY Company Profile
LY Corporation is a Japan-based internet services company formed in October 2023 through the integration of Z Holdings, Yahoo Japan and LINE. The company operates a broad digital ecosystem that connects consumers, businesses and content providers through online communication, search, commerce, financial technology and entertainment services.
Its principal consumer services include LINE, a messaging and digital communications platform, and Yahoo! JAPAN, which provides search, news, information and online shopping services.
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