CyberAgent (OTCMKTS:CYGIY) Sees Large Volume Increase – Here’s What Happened

Shares of CyberAgent (OTCMKTS:CYGIY) saw an uptick in trading volume on Friday . 2,001 shares traded hands during trading, an increase of 184% from the previous session’s volume of 704 shares.The stock last traded at $4.05 and had previously closed at $4.20.

CyberAgent Stock Performance

The business’s 50-day moving average price is $4.39 and its 200-day moving average price is $5.17. 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 stock has a market cap of $4.11 billion, a P/E ratio of 16.20 and a beta of 0.48.

CyberAgent (OTCMKTS:CYGIY) last issued its quarterly earnings data on Friday, February 6th. The company reported $0.08 earnings per share (EPS) for the quarter. CyberAgent had a net margin of 4.31% and a return on equity of 16.76%. The firm had revenue of $1.51 billion during the quarter. As a group, sell-side analysts expect that CyberAgent will post 0.15 earnings per share for the current fiscal year.

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.