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

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY)’s stock price gapped up before the market opened on Tuesday. The stock had previously closed at $6.17, but opened at $6.45. LY shares last traded at $6.17, with a volume of 9,643 shares changing hands.

LY Trading Up 1.3%

The company has a market cap of $21.45 billion, a P/E ratio of 15.97 and a beta of 0.93. The business’s 50 day simple moving average is $6.51 and its 200 day simple moving average is $5.65.

LY (OTCMKTS:YAHOY) last released its quarterly earnings data on Monday, August 3rd. The technology company reported $0.12 earnings per share for the quarter. LY had a return on equity of 5.49% and a net margin of 6.24%.The firm had revenue of $3.48 billion during the quarter. Sell-side analysts anticipate that LY Corporation Unsponsored ADR will post 0.42 EPS for the current year.

About LY

Yahoo is a global digital media and technology company that provides consumer internet services, online content and digital advertising solutions. Its products include Yahoo Mail, Yahoo Search, Yahoo News, Yahoo Finance, Yahoo Sports and other media and lifestyle services.

The company serves users primarily in the United States and internationally through localized websites, applications and online platforms. Yahoo’s services combine editorial content, search capabilities, communications tools, sports and financial information, and advertising offerings for businesses and marketers.

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