CyberAgent (OTCMKTS:CYGIY) Shares Gap Up – What’s Next?

CyberAgent (OTCMKTS:CYGIY)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $4.0140, but opened at $4.65. CyberAgent shares last traded at $4.65, with a volume of 3 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded CyberAgent to a “hold” rating in a research report on Friday, June 19th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

CyberAgent Price Performance

The company has a debt-to-equity ratio of 0.33, a current ratio of 2.32 and a quick ratio of 2.26. The firm has a market capitalization of $4.72 billion, a P/E ratio of 17.22 and a beta of 0.32. The firm’s 50 day simple moving average is $4.31 and its two-hundred day simple moving average is $4.25.

CyberAgent Company Profile

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.