CyberAgent (OTCMKTS:CYGIY) Shares Gap Up – Here’s Why

Shares of CyberAgent (OTCMKTS:CYGIY) gapped up prior to trading on Friday . The stock had previously closed at $4.6750, but opened at $5.00. CyberAgent shares last traded at $5.00, with a volume of 2 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of CyberAgent to a “hold” rating in a report on Friday, June 19th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, CyberAgent has a consensus rating of “Hold”.

CyberAgent Stock Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.26 and a current ratio of 2.32. The stock has a fifty day simple moving average of $4.02 and a two-hundred day simple moving average of $4.31. The stock has a market capitalization of $5.07 billion, a price-to-earnings ratio of 18.52 and a beta of 0.32.

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.