CyberAgent (OTCMKTS:CYGIY) Trading Up 6.8% – Here’s Why

CyberAgent (OTCMKTS:CYGIY) was up 6.8% during mid-day trading on Friday . The stock traded as high as $4.72 and last traded at $4.72. Approximately 8 shares were traded during trading, a decline of 99% from the average daily volume of 549 shares. The stock had previously closed at $4.42.

CyberAgent Stock Up 6.8%

The stock has a market capitalization of $4.79 billion, a PE ratio of 17.48 and a beta of 0.32. The firm’s fifty day moving average is $4.06 and its 200-day moving average is $4.57. The company has a quick ratio of 2.28, a current ratio of 2.33 and a debt-to-equity ratio of 0.35.

CyberAgent (OTCMKTS:CYGIY) last posted its quarterly earnings results on Thursday, May 21st. The company reported $999.00 earnings per share (EPS) for the quarter. CyberAgent had a net margin of 4.60% and a return on equity of 18.41%.

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.