LY (OTCMKTS:YAHOY) Reaches New 52-Week Low – Here’s What Happened

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY)’s share price hit a new 52-week low on Friday . The company traded as low as $4.76 and last traded at $4.7680, with a volume of 894 shares changing hands. The stock had previously closed at $4.91.

LY Price Performance

The business has a 50-day moving average of $5.19 and a 200 day moving average of $5.72. The company has a market capitalization of $16.55 billion, a PE ratio of 12.03 and a beta of 0.87.

LY (OTCMKTS:YAHOY) last released its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $3.25 billion for the quarter. LY had a return on equity of 5.85% and a net margin of 10.60%. As a group, research analysts anticipate that LY Corporation Unsponsored ADR will post 0.26 EPS for the current year.

About LY

LY Corporation engages in the online advertising and e-commerce businesses in Japan. The company provides LINE, a communication app; and Yahoo! JAPAN, an internet service that offers search, news, weather, shopping, auction, and other services. It also offers reuse, membership, and payment-related services. The company was formerly known as Z Holdings Corporation and changed its name to LY Corporation in October 2023. LY Corporation was founded in 1996 and is headquartered in Chiyoda, Japan. LY Corporation operates as a subsidiary of A Holdings Corporation.