LY (OTCMKTS:YAHOY) Shares Gap Down – Should You Sell?

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY – Get Free Report) 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 trading hands.

LY Price Performance

The company has a market cap of $22.76 billion, a price-to-earnings ratio of 23.60 and a beta of 0.97. The business’s fifty day moving average price is $6.63 and its 200 day moving average price is $5.63.

LY (OTCMKTS:YAHOY – Get Free Report) last announced its earnings results on Thursday, November 5th. The technology company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $3.54 billion during the quarter. LY had a return on equity of 5.49% and a net margin of 6.24%. As a group, equities research analysts anticipate that LY Corporation Unsponsored ADR will post 0.42 EPS for the current 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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