LY Corporation Unsponsored ADR (OTCMKTS:YAHOY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $7.03, but opened at $6.50. LY shares last traded at $6.61, with a volume of 22,063 shares changing hands.
LY Price Performance
The firm has a market capitalization of $22.15 billion, a price-to-earnings ratio of 18.80 and a beta of 0.97. The stock has a fifty day moving average of $6.61 and a two-hundred day moving average of $5.64.
LY (OTCMKTS:YAHOY – Get Free Report) last announced its earnings results on Thursday, November 5th. The technology company reported $0.10 EPS for the quarter. LY had a return on equity of 5.05% and a net margin of 4.39%. The firm had revenue of $3.54 billion for the quarter. On average, research analysts forecast that LY Corporation Unsponsored ADR will post 0.42 EPS for the current year.
About LY
LY Corporation is a Japanese internet services company that operates Yahoo! JAPAN and the LINE messaging platform. Its services include online search and news, digital advertising, e-commerce, and communications tools. The company was formed in October 2023 through the integration of Z Holdings, LINE Corporation, and Yahoo Japan. Its offerings primarily serve users and businesses in Japan, with LINE also used in other markets.
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