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

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY) shares hit a new 52-week low on Tuesday . The company traded as low as $4.96 and last traded at $4.96, with a volume of 49523 shares trading hands. The stock had previously closed at $5.11.

LY Stock Performance

The stock has a market capitalization of $16.97 billion, a PE ratio of 12.97 and a beta of 0.87. The firm’s 50 day moving average is $5.25 and its two-hundred day moving average is $5.93.

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