LY (OTCMKTS:YAHOY) Shares Gap Down – Time to Sell?

Shares of LY Corporation Unsponsored ADR (OTCMKTS:YAHOY – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $7.05, but opened at $6.4050. LY shares last traded at $6.52, with a volume of 2,944 shares.

LY Price Performance

The stock has a 50-day moving average price of $6.32 and a two-hundred day moving average price of $5.56. The stock has a market cap of $22.48 billion, a PE ratio of 16.74 and a beta of 0.90.

LY (OTCMKTS:YAHOY – Get Free Report) last posted its earnings results on Monday, August 3rd. The technology company reported $0.12 EPS for the quarter. The company had revenue of $3.48 billion for the quarter. LY had a return on equity of 5.49% and a net margin of 6.24%. Equities research analysts expect that LY Corporation Unsponsored ADR will post 0.42 earnings per share for the current year.

About LY

(Get Free Report)

LY Corporation is a Japan-based internet services company formed in October 2023 through the integration of Z Holdings, Yahoo Japan and LINE. The company operates a broad digital ecosystem that connects consumers, businesses and content providers through online communication, search, commerce, financial technology and entertainment services.

Its principal consumer services include LINE, a messaging and digital communications platform, and Yahoo! JAPAN, which provides search, news, information and online shopping services.

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