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

CyberAgent (OTCMKTS:CYGIY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $6.25, but opened at $4.78. CyberAgent shares last traded at $4.78, with a volume of 79 shares changing hands.

CyberAgent Price Performance

The business has a fifty day moving average of $5.98 and a 200 day moving average of $5.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.19 and a quick ratio of 2.14. The stock has a market cap of $4.84 billion, a PE ratio of 23.90 and a beta of 0.59.

CyberAgent (OTCMKTS:CYGIY) last announced its earnings results on Friday, November 14th. The company reported $0.07 earnings per share (EPS) for the quarter. The company had revenue of $1.64 billion for the quarter. CyberAgent had a return on equity of 14.04% and a net margin of 3.62%. Sell-side analysts anticipate that CyberAgent will post 0.15 earnings per share for the current year.

About CyberAgent

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.