CyberAgent (OTCMKTS:CYAGF) Reaches New 52-Week Low on Disappointing Earnings

CyberAgent, Inc. (OTCMKTS:CYAGFGet Free Report)’s share price hit a new 52-week low during mid-day trading on Friday following a dissappointing earnings announcement. The company traded as low as $9.5899 and last traded at $9.59, with a volume of 115 shares trading hands. The stock had previously closed at $10.20.

The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). CyberAgent had a net margin of 2.93% and a return on equity of 12.20%. The firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.47 billion.

CyberAgent Price Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.34 and a current ratio of 2.40. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 31.97 and a beta of 0.85. The business has a fifty day moving average of $12.12 and a two-hundred day moving average of $9.87.

About CyberAgent

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CyberAgent, Inc engages in the media, internet advertising, game, and investment development businesses primarily in Japan. The company operates Ameba, a blog service; Tapple for online dating; AWA, a music streaming service; and WinTicket for online betting. It also offers internet advertising agency and ad technology services; and smartphone games.

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