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

Shares of CyberAgent, Inc. (OTCMKTS:CYAGF) gapped up prior to trading on Thursday . The stock had previously closed at $7.2450, but opened at $7.96. CyberAgent shares last traded at $7.96, with a volume of 49 shares changing hands.

CyberAgent Stock Down 4.1%

The company has a quick ratio of 2.28, a current ratio of 2.33 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $8.18 and a 200-day moving average price of $9.10. The firm has a market capitalization of $4.03 billion, a PE ratio of 15.92 and a beta of 1.04.

CyberAgent (OTCMKTS:CYAGF) last posted its quarterly earnings results on Friday, February 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.45 billion. CyberAgent had a return on equity of 16.76% and a net margin of 4.31%.

CyberAgent Company Profile

CyberAgent, Inc is a Tokyo-based digital services company founded in 1998 by Susumu Fujita. The firm operates across three primary segments—digital advertising, gaming and media—serving clients and consumers mainly in Japan and select markets in Asia. Its headquarters in Shibuya, Tokyo, houses its leadership team led by Fujita in his roles as founder and chief executive officer.

In the digital advertising arena, CyberAgent provides performance marketing, programmatic display advertising, social media promotion and strategic consulting services.