LY (OTCMKTS:YAHOY – Get Free Report) released its earnings results on Tuesday. The technology company reported $0.12 EPS for the quarter, Zacks reports. LY had a return on equity of 5.81% and a net margin of 7.78%.
LY Stock Up 1.7%
Shares of YAHOY opened at $5.95 on Tuesday. The company has a market cap of $20.47 billion, a price-to-earnings ratio of 22.04 and a beta of 0.71. LY has a twelve month low of $5.16 and a twelve month high of $8.41. The company has a 50 day moving average of $6.23 and a two-hundred day moving average of $6.85.
Analysts Set New Price Targets
Separately, Zacks Research lowered shares of LY from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.
About LY
LY Corporation engages in the online advertising and e-commerce businesses in Japan. The company provides LINE, a communication app; and Yahoo! JAPAN, an internet service that offers search, news, weather, shopping, auction, and other services. It also offers reuse, membership, and payment-related services.
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