LY (OTCMKTS:YAHOY) Shares Gap Up – Here’s What Happened

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY)’s share price gapped up prior to trading on Friday. The stock had previously closed at $6.47, but opened at $6.8415. LY shares last traded at $6.89, with a volume of 3,485 shares traded.

LY Stock Performance

The stock has a market cap of $23.73 billion, a PE ratio of 17.67 and a beta of 0.93. The stock has a fifty day simple moving average of $6.59 and a two-hundred day simple moving average of $5.72.

LY (OTCMKTS:YAHOY) last issued its earnings results on Monday, August 3rd. The technology company reported $0.12 earnings per share for the quarter. The company had revenue of $3.48 billion for the quarter. LY had a net margin of 6.24% and a return on equity of 5.49%. On average, equities analysts predict that LY Corporation Unsponsored ADR will post 0.42 EPS for the current fiscal year.

About LY

Yahoo is a global digital media and technology company that provides consumer internet services, online content and digital advertising solutions. Its products include Yahoo Mail, Yahoo Search, Yahoo News, Yahoo Finance, Yahoo Sports and other media and lifestyle services.

The company serves users primarily in the United States and internationally through localized websites, applications and online platforms. Yahoo’s services combine editorial content, search capabilities, communications tools, sports and financial information, and advertising offerings for businesses and marketers.

Yahoo was founded in 1994 by Jerry Yang and David Filo.