CyberAgent (OTCMKTS:CYGIY) Trading Down 14.4% – Here’s Why

CyberAgent (OTCMKTS:CYGIY) shares fell 14.4% during trading on Tuesday . The stock traded as low as $3.81 and last traded at $3.81. 40 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 505 shares. The stock had previously closed at $4.45.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded CyberAgent to a “hold” rating in a research note on Friday, June 19th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

CyberAgent Price Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.26 and a current ratio of 2.32. The stock’s fifty day moving average price is $4.05 and its 200-day moving average price is $4.46. The firm has a market cap of $3.86 billion, a PE ratio of 14.11 and a beta of 0.32.

CyberAgent (OTCMKTS:CYGIY) last released its quarterly earnings data on Thursday, May 21st. The company reported $999.00 EPS for the quarter. CyberAgent had a net margin of 4.60% and a return on equity of 18.43%. As a group, equities analysts forecast that CyberAgent will post 0.31 EPS for the current fiscal year.

CyberAgent Company Profile

CyberAgent, Inc is a Tokyo‐based digital services company known for its diversified operations in online advertising, media content, and mobile gaming. Founded in 1998 by Susumu Fujita, the company pioneered performance‐based internet advertising in Japan and quickly expanded its reach. CyberAgent operates as a publicly traded entity on the Tokyo Stock Exchange and maintains an American Depositary Receipt (ADR) program under the ticker CYGIY on the OTC Markets.

In its advertising segment, CyberAgent provides a comprehensive suite of digital marketing solutions, including programmatic ad buying, influencer marketing, and data analytics.