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

CyberAgent, Inc. (OTCMKTS:CYAGF)’s share price gapped down prior to trading on Monday . The stock had previously closed at $9.52, but opened at $9.00. CyberAgent shares last traded at $9.44, with a volume of 204 shares changing hands.

CyberAgent Stock Down 0.8%

The business’s 50-day simple moving average is $8.91 and its 200 day simple moving average is $10.22. The firm has a market cap of $4.78 billion, a PE ratio of 23.60 and a beta of 1.00. The company has a current ratio of 2.19, a quick ratio of 2.14 and a debt-to-equity ratio of 0.34.

CyberAgent (OTCMKTS:CYAGF) last announced its earnings results on Friday, November 14th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). CyberAgent had a net margin of 3.62% and a return on equity of 14.04%. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.47 billion.

CyberAgent Company Profile

CyberAgent, Inc is a Tokyo-based digital services company founded in 1998 by Susumu Fujita. The firm operates across three primary segments—digital advertising, gaming and media—serving clients and consumers mainly in Japan and select markets in Asia. Its headquarters in Shibuya, Tokyo, houses its leadership team led by Fujita in his roles as founder and chief executive officer.

In the digital advertising arena, CyberAgent provides performance marketing, programmatic display advertising, social media promotion and strategic consulting services.