CyberAgent (OTCMKTS:CYGIY) Shares Gap Up – Time to Buy?

CyberAgent (OTCMKTS:CYGIY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $3.9750, but opened at $4.63. CyberAgent shares last traded at $4.63, with a volume of 4 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised CyberAgent to a “hold” rating in a report on Friday, June 19th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

CyberAgent Trading Up 15.6%

The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.26 and a current ratio of 2.32. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 17.19 and a beta of 0.32. The firm has a fifty day moving average price of $4.29 and a 200-day moving average price of $4.24.

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.