LY (OTCMKTS:YAHOY) Shares Gap Down – What’s Next?

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY)’s share price gapped down before the market opened on Monday. The stock had previously closed at $6.74, but opened at $6.4750. LY shares last traded at $6.58, with a volume of 5,936 shares.

LY Stock Down 2.4%

The stock has a market cap of $22.66 billion, a price-to-earnings ratio of 16.87 and a beta of 0.93. The stock’s fifty day moving average is $6.61 and its 200-day moving average is $5.73.

LY (OTCMKTS:YAHOY) last posted its earnings results on Monday, August 3rd. The technology company reported $0.12 earnings per share for the quarter. The company had revenue of $3.48 billion for the quarter. LY had a net margin of 6.24% and a return on equity of 5.49%. As a group, equities research analysts predict that LY Corporation Unsponsored ADR will post 0.42 earnings per share for the current fiscal year.

LY Company Profile

Yahoo Inc is a global technology and media company that operates a portfolio of consumer internet services. Its offerings include Yahoo Mail, Yahoo Search, Yahoo Finance, Yahoo News, Yahoo Sports and Yahoo Entertainment, which provide users with communication, information, financial content and digital media experiences.

The company generates revenue primarily through digital advertising and related partnerships across its online properties. Yahoo serves users internationally, with its services available across multiple geographic markets and supported by localized content and products.

Yahoo was founded in 1994 by Jerry Yang and David Filo.