CyberAgent (OTCMKTS:CYAGF) Shares Gap Up – Here’s What Happened

Shares of CyberAgent, Inc. (OTCMKTS:CYAGF) gapped up before the market opened on Wednesday . The stock had previously closed at $8.6699, but opened at $9.92. CyberAgent shares last traded at $9.92, with a volume of 250 shares trading hands.

CyberAgent Stock Up 14.4%

The company has a quick ratio of 2.14, a current ratio of 2.19 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $5.02 billion, a PE ratio of 19.84 and a beta of 1.00. The business’s 50 day simple moving average is $8.98 and its 200 day simple moving average is $10.26.

CyberAgent (OTCMKTS:CYAGF) last released its quarterly earnings data on Friday, February 6th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.03. The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.45 billion. CyberAgent had a net margin of 4.31% and a return on equity of 16.57%.

CyberAgent Company Profile

CyberAgent, Inc is a Tokyo-based digital services company founded in 1998 by Susumu Fujita. The firm operates across three primary segments—digital advertising, gaming and media—serving clients and consumers mainly in Japan and select markets in Asia. Its headquarters in Shibuya, Tokyo, houses its leadership team led by Fujita in his roles as founder and chief executive officer.

In the digital advertising arena, CyberAgent provides performance marketing, programmatic display advertising, social media promotion and strategic consulting services.