LY (OTCMKTS:YAHOY) Posts Quarterly Earnings Results

LY (OTCMKTS:YAHOY) released its quarterly earnings data on Friday. The technology company reported $0.08 EPS for the quarter, Zacks reports. LY had a net margin of 10.60% and a return on equity of 5.85%.

LY Price Performance

OTCMKTS:YAHOY traded up $0.15 during trading hours on Friday, reaching $5.67. 165,365 shares of the company traded hands, compared to its average volume of 414,042. The firm’s 50-day moving average is $5.03 and its 200-day moving average is $5.22. The stock has a market cap of $19.52 billion, a P/E ratio of 14.18 and a beta of 0.95. LY has a 1-year low of $4.58 and a 1-year high of $7.99.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of LY to a “hold” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

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.