LY (OTCMKTS:YAHOY) Releases Earnings Results

LY (OTCMKTS:YAHOY) posted its earnings results on Monday. The technology company reported $0.12 EPS for the quarter, Zacks reports. LY had a return on equity of 4.98% and a net margin of 6.14%.

LY Trading Up 3.8%

OTCMKTS YAHOY traded up $0.21 during trading hours on Monday, reaching $5.78. 8,082 shares of the company’s stock were exchanged, compared to its average volume of 314,842. The firm has a fifty day moving average of $5.25 and a 200-day moving average of $5.14. LY has a one year low of $4.58 and a one year high of $7.36. The stock has a market cap of $19.90 billion, a PE ratio of 15.62 and a beta of 0.92.

Analyst Ratings Changes

Several research firms have issued reports on YAHOY. The Goldman Sachs Group upgraded LY to a “hold” rating in a research note on Sunday, May 10th. Zacks Research raised shares of LY to a “hold” rating in a report on Friday, April 17th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, LY currently has an average rating of “Hold”.

LY Company Profile

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.