CyberAgent (OTCMKTS:CYAGF) Shares Down 1.6% – Should You Sell?

Shares of CyberAgent, Inc. (OTCMKTS:CYAGF) were down 1.6% on Friday. The stock traded as low as $7.9377 and last traded at $7.9377. 2,000 shares traded hands during mid-day trading, an increase of 1,900% from the average session volume of 100 shares. The stock had previously closed at $8.0640.

CyberAgent Price Performance

The stock has a market cap of $4.02 billion, a P/E ratio of 14.17 and a beta of 0.38. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.47 and a current ratio of 2.54. The business has a 50 day simple moving average of $8.17 and a 200-day simple moving average of $8.47.

CyberAgent (OTCMKTS:CYAGF) last released its earnings results on Friday, August 7th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.39 billion. CyberAgent had a return on equity of 17.18% and a net margin of 4.57%.

About CyberAgent

CyberAgent, Inc is a Japanese internet company founded in 1998 by Susumu Fujita. Headquartered in Tokyo, the company develops and operates digital media, internet advertising, and online entertainment businesses, with Japan as its primary market and selected services reaching international audiences.

Its media activities include Abema, an internet television and video streaming platform offering live programming, original content, news, sports, and entertainment, as well as Ameba, a blogging and online community service.