LY (OTCMKTS:YAHOY) Issues Quarterly Earnings Results

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

LY Stock Up 3.8%

OTCMKTS YAHOY traded up $0.21 during trading hours on Monday, hitting $5.78. The company’s stock had a trading volume of 8,082 shares, compared to its average volume of 314,842. The stock has a fifty day moving average of $5.25 and a 200 day moving average of $5.14. LY has a twelve month low of $4.58 and a twelve month high of $7.36. The firm has a market capitalization of $19.90 billion, a P/E ratio of 15.62 and a beta of 0.92.

Wall Street Analyst Weigh In

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