CyberAgent (OTCMKTS:CYGIY) Shares Gap Down – Time to Sell?

CyberAgent (OTCMKTS:CYGIY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $4.30, but opened at $3.85. CyberAgent shares last traded at $3.85, with a volume of 5 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of CyberAgent to a “hold” rating in a report on Friday, June 19th. One research 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 Stock Down 5.5%

The company has a market cap of $3.90 billion, a PE ratio of 14.26 and a beta of 0.33. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.54 and a quick ratio of 2.26. The business’s fifty day simple moving average is $4.43 and its two-hundred day simple moving average is $4.24.

CyberAgent Company Profile

CyberAgent, Inc is a Japanese internet services and technology company founded in 1998 by Susumu Fujita. Headquartered in Tokyo, the company develops and operates digital advertising, media, entertainment and gaming businesses, primarily serving consumers and businesses in Japan.

Its internet advertising business provides digital marketing, advertising technology and related services to corporate customers. CyberAgent also operates media platforms, including Ameba, a blogging and content service, and ABEMA, a digital video streaming platform offering news, entertainment, sports and original programming.

Through subsidiaries and affiliated businesses, CyberAgent develops and publishes mobile and online games, including titles created by game studios such as Cygames.