LY (OTCMKTS:YAHOY – Get Free Report) issued its quarterly earnings data on Tuesday. The technology company reported $0.12 EPS for the quarter, Zacks reports. The company had revenue of $3.43 billion during the quarter. LY had a net margin of 10.35% and a return on equity of 6.45%.
LY Stock Down 5.6%
YAHOY opened at $5.54 on Thursday. LY has a twelve month low of $5.16 and a twelve month high of $8.41. The company has a 50-day moving average price of $6.21 and a 200 day moving average price of $6.83. The company has a market cap of $19.06 billion, a PE ratio of 14.58 and a beta of 0.71.
Analyst Upgrades and Downgrades
Separately, Zacks Research lowered shares of LY from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, LY currently has an average rating of “Hold”.
About LY
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.
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