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

CyberAgent (OTCMKTS:CYGIY) gapped up prior to trading on Friday . The stock had previously closed at $4.20, but opened at $4.57. CyberAgent shares last traded at $4.57, with a volume of 46 shares trading hands.

CyberAgent Stock Up 8.8%

The firm has a market capitalization of $4.63 billion, a PE ratio of 18.28 and a beta of 0.59. The business’s fifty day moving average price is $5.06 and its 200 day moving average price is $5.56. The company has a quick ratio of 2.14, a current ratio of 2.19 and a debt-to-equity ratio of 0.34.

CyberAgent (OTCMKTS:CYGIY) last issued its quarterly earnings results on Friday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $1.51 billion for the quarter. CyberAgent had a return on equity of 14.04% and a net margin of 3.62%. On average, equities research analysts forecast that CyberAgent will post 0.15 earnings per share for the current fiscal year.

CyberAgent Company Profile

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.