CyberAgent (OTCMKTS:CYGIY) Shares Gap Up – Still a Buy?

CyberAgent (OTCMKTS:CYGIY) gapped up before the market opened on Thursday . The stock had previously closed at $3.9750, but opened at $4.63. CyberAgent shares last traded at $4.63, with a volume of 4 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised CyberAgent to a “hold” rating in a research note on Friday, June 19th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

CyberAgent Price Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 2.32 and a quick ratio of 2.26. The firm has a market capitalization of $4.71 billion, a P/E ratio of 17.19 and a beta of 0.32. The firm’s 50 day simple moving average is $4.29 and its two-hundred day simple moving average is $4.25.

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.