LY (OTCMKTS:YAHOY) Shares Gap Down – What’s Next?

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY – Get Free Report) shares gapped down prior to trading on Tuesday. The stock had previously closed at $7.03, but opened at $6.50. LY shares last traded at $6.61, with a volume of 22,063 shares changing hands.

LY Trading Down 6.0%

The firm has a 50-day moving average of $6.63 and a two-hundred day moving average of $5.63. The firm has a market capitalization of $22.76 billion, a P/E ratio of 23.60 and a beta of 0.97.

LY (OTCMKTS:YAHOY – Get Free Report) last posted its earnings results on Thursday, November 5th. The technology company reported $0.10 EPS for the quarter. The firm had revenue of $3.54 billion during the quarter. LY had a net margin of 6.24% and a return on equity of 5.49%. On average, sell-side analysts anticipate that LY Corporation Unsponsored ADR will post 0.42 EPS for the current fiscal year.

LY Company Profile

(Get Free Report)

LY Corporation is a Japanese internet services company that operates Yahoo! JAPAN and the LINE messaging platform. Its services include online search and news, digital advertising, e-commerce, and communications tools. The company was formed in October 2023 through the integration of Z Holdings, LINE Corporation, and Yahoo Japan. Its offerings primarily serve users and businesses in Japan, with LINE also used in other markets.

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