CyberAgent (OTCMKTS:CYGIY) Shares Gap Up – What’s Next?

CyberAgent (OTCMKTS:CYGIY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $4.20, but opened at $4.60. CyberAgent shares last traded at $4.60, with a volume of 69 shares changing hands.

CyberAgent Stock Up 9.5%

The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.14 and a current ratio of 2.19. The company’s 50-day moving average price is $5.23 and its 200 day moving average price is $5.58. The stock has a market capitalization of $4.66 billion, a P/E ratio of 23.00 and a beta of 0.60.

CyberAgent (OTCMKTS:CYGIY) last posted its earnings results on Friday, November 14th. The company reported $0.07 earnings per share for the quarter. The firm had revenue of $1.64 billion for the quarter. CyberAgent had a net margin of 3.62% and a return on equity of 14.04%. As a group, equities analysts expect that CyberAgent will post 0.15 earnings per share for the current 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.