LY (OTCMKTS:YAHOY) Hits New 52-Week High – Time to Buy?

LY Co. (OTCMKTS:YAHOY)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $7.49 and last traded at $6.99, with a volume of 35436 shares. The stock had previously closed at $7.17.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on LY in a research report on Tuesday. They set a “neutral” rating on the stock.

LY Stock Performance

The stock has a market cap of $25.00 billion, a price-to-earnings ratio of 34.95 and a beta of 0.97. The business’s 50 day moving average is $6.48 and its 200 day moving average is $5.85.

LY (OTCMKTS:YAHOY) last posted its quarterly earnings results on Thursday, February 6th. The technology company reported $0.08 EPS for the quarter. LY had a net margin of 6.17% and a return on equity of 3.65%. Research analysts expect that LY Co. will post 0.26 earnings per share for the current year.

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.