LY (OTCMKTS:YAHOY) Reaches New 12-Month Low – Time to Sell?

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) reached a new 52-week low during trading on Thursday . The stock traded as low as $5.16 and last traded at $5.17, with a volume of 1939 shares traded. The stock had previously closed at $5.21.

LY Stock Down 1.9%

The company’s 50 day moving average price is $5.32 and its two-hundred day moving average price is $6.11. The firm has a market cap of $17.41 billion, a PE ratio of 13.32 and a beta of 0.86.

LY (OTCMKTS:YAHOY) last released its quarterly earnings results on Tuesday, November 4th. The technology company reported $0.12 EPS for the quarter. LY had a net margin of 10.35% and a return on equity of 6.38%. The firm had revenue of $3.43 billion during the quarter. On average, analysts expect that LY Corporation Unsponsored ADR will post 0.26 earnings per share for the current fiscal year.

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. The company was formerly known as Z Holdings Corporation and changed its name to LY Corporation in October 2023. LY Corporation was founded in 1996 and is headquartered in Chiyoda, Japan. LY Corporation operates as a subsidiary of A Holdings Corporation.