LY Corporation Unsponsored ADR (OTCMKTS:YAHOY – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $6.61 and traded as high as $6.67. LY shares last traded at $6.67, with a volume of 22,647 shares changing hands.
LY Stock Performance
The stock has a market cap of $22.97 billion, a P/E ratio of 23.82 and a beta of 0.97. The stock has a 50-day moving average price of $6.61 and a 200-day moving average price of $5.66.
LY (OTCMKTS:YAHOY – Get Free Report) last announced its earnings results on Thursday, November 5th. The technology company reported $0.10 earnings per share for the quarter. LY had a net margin of 4.39% and a return on equity of 5.05%. The business had revenue of $3.54 billion for the quarter. Sell-side analysts forecast that LY Corporation Unsponsored ADR will post 0.42 earnings per share for the current fiscal year.
About LY
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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