CyberAgent (OTCMKTS:CYGIY) Shares Gap Down – Time to Sell?

Shares of CyberAgent (OTCMKTS:CYGIY) gapped down prior to trading on Friday . The stock had previously closed at $6.25, but opened at $4.78. CyberAgent shares last traded at $4.78, with a volume of 79 shares trading hands.

CyberAgent Trading Down 23.7%

The company has a market cap of $4.83 billion, a P/E ratio of 23.85 and a beta of 0.59. The company has a current ratio of 2.19, a quick ratio of 2.14 and a debt-to-equity ratio of 0.34. The business has a 50 day moving average price of $6.00 and a 200-day moving average price of $5.65.

CyberAgent (OTCMKTS:CYGIY) last released its earnings results on Friday, November 14th. The company reported $0.07 earnings per share for the quarter. The business had revenue of $1.64 billion during the quarter. CyberAgent had a net margin of 3.62% and a return on equity of 14.04%. Analysts forecast that CyberAgent will post 0.15 earnings per share for the current fiscal year.

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.