CyberAgent (OTCMKTS:CYGIY) Shares Gap Down – Here’s What Happened

CyberAgent (OTCMKTS:CYGIY) shares gapped down prior to trading on Friday . The stock had previously closed at $4.70, but opened at $4.45. CyberAgent shares last traded at $4.45, with a volume of 3 shares.

CyberAgent Stock Down 5.3%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.28 and a current ratio of 2.33. The firm has a market capitalization of $4.51 billion, a P/E ratio of 17.80 and a beta of 0.61. The stock has a fifty day moving average price of $4.40 and a two-hundred day moving average price of $5.29.

CyberAgent (OTCMKTS:CYGIY) last announced its quarterly earnings data 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 16.76% and a net margin of 4.31%. Research analysts forecast that CyberAgent will post 0.15 EPS 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.