LY (OTCMKTS:YAHOY) Sees Strong Trading Volume – What’s Next?

Shares of LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) saw unusually-high trading volume on Monday . Approximately 368,666 shares changed hands during trading, an increase of 150% from the previous session’s volume of 147,435 shares.The stock last traded at $5.2950 and had previously closed at $5.35.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered LY from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, LY currently has a consensus rating of “Hold”.

LY Price Performance

The firm has a market cap of $17.95 billion, a P/E ratio of 13.73 and a beta of 0.85. The company has a fifty day moving average of $5.79 and a 200-day moving average of $6.55.

LY (OTCMKTS:YAHOY) last issued its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.12 earnings per share for the quarter. LY had a return on equity of 6.45% and a net margin of 10.35%.The business had revenue of $3.43 billion for the quarter. On average, sell-side analysts expect that LY Corporation Unsponsored ADR will post 0.26 EPS for the current fiscal year.

LY Company Profile

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.