The Goldman Sachs Group began coverage on shares of LY (OTCMKTS:YAHOY – Free Report) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The firm issued a neutral rating on the technology company’s stock.
LY Trading Up 1.8 %
Shares of OTCMKTS YAHOY opened at $7.17 on Tuesday. The company has a 50 day simple moving average of $6.48 and a two-hundred day simple moving average of $5.85. The stock has a market cap of $25.64 billion, a price-to-earnings ratio of 35.85 and a beta of 0.97. LY has a 12 month low of $4.32 and a 12 month high of $7.45.
LY (OTCMKTS:YAHOY – Get Free Report) last posted its earnings results on Thursday, February 6th. The technology company reported $0.08 earnings per share (EPS) for the quarter. LY had a net margin of 6.17% and a return on equity of 3.65%. Analysts forecast that LY will post 0.26 EPS for the current year.
About LY
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.
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