CyberAgent (OTCMKTS:CYAGF) Shares Gap Down – What’s Next?

CyberAgent, Inc. (OTCMKTS:CYAGF) gapped down prior to trading on Tuesday . The stock had previously closed at $9.25, but opened at $8.0640. CyberAgent shares last traded at $8.0640, with a volume of 100 shares trading hands.

CyberAgent Stock Performance

The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of 14.40 and a beta of 0.35. The company has a current ratio of 2.54, a quick ratio of 2.47 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $8.67 and its 200-day simple moving average is $8.50.

CyberAgent (OTCMKTS:CYAGF) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.01). The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.39 billion. CyberAgent had a return on equity of 17.18% and a net margin of 4.57%.

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.