CyberAgent (OTCMKTS:CYGIY) Shares Gap Down – Should You Sell?

CyberAgent (OTCMKTS:CYGIY) gapped down prior to trading on Wednesday . The stock had previously closed at $4.55, but opened at $4.30. CyberAgent shares last traded at $4.30, with a volume of 1 shares.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of CyberAgent to a “hold” rating in a research report on Friday, June 19th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, CyberAgent has an average rating of “Hold”.

CyberAgent Stock Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 2.32 and a quick ratio of 2.26. The business has a 50 day moving average price of $4.44 and a 200 day moving average price of $4.24. The stock has a market capitalization of $4.36 billion, a PE ratio of 15.93 and a beta of 0.33.

About CyberAgent

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.