CyberAgent (OTCMKTS:CYGIY) Shares Gap Down – Should You Sell?

CyberAgent (OTCMKTS:CYGIY) gapped down before the market opened on Friday . The stock had previously closed at $4.64, but opened at $4.40. CyberAgent shares last traded at $4.40, with a volume of 3 shares traded.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of CyberAgent to a “hold” rating in a research report on Friday, June 19th. One analyst has rated the stock with a Hold rating, According to MarketBeat, CyberAgent presently has a consensus rating of “Hold”.

CyberAgent Stock Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 2.32 and a quick ratio of 2.26. The company has a market cap of $4.46 billion, a price-to-earnings ratio of 16.30 and a beta of 0.32. The stock has a 50-day moving average price of $4.33 and a 200 day moving average price of $4.25.

About CyberAgent

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.