CyberAgent (OTCMKTS:CYGIY) Share Price Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Shares of CyberAgent (OTCMKTS:CYGIY – Get Free Report) crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $4.21 and traded as high as $4.45. CyberAgent shares last traded at $4.44, with a volume of 54 shares.

CyberAgent Stock Up 6.5%

The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 16.44 and a beta of 0.40. The company has a quick ratio of 2.47, a current ratio of 2.54 and a debt-to-equity ratio of 0.32. The stock has a fifty day moving average of $4.09 and a two-hundred day moving average of $4.21.

About CyberAgent

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CyberAgent, Inc is a Japanese internet company founded in 1998 by Susumu Fujita. The company began as an internet advertising business and has expanded into digital media, online gaming and other internet-related services. Its operations are primarily focused on the Japanese market.

CyberAgent provides internet advertising services, including planning, sales and technology solutions for digital marketing campaigns. Through its media business, the company operates Ameba, a range of blogging and content services, and ABEMA, an internet-based video and live-streaming platform developed with TV Asahi.

The company is also involved in online and mobile game development and publishing through group companies such as Cygames.

Further Reading

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