LY (OTCMKTS:YAHOY) Shares Gap Down – What’s Next?

LY Corporation Unsponsored ADR (OTCMKTS:YAHOY)’s share price gapped down prior to trading on Monday. The stock had previously closed at $6.74, but opened at $6.4750. LY shares last traded at $6.58, with a volume of 5,936 shares traded.

LY Price Performance

The company has a market cap of $22.66 billion, a price-to-earnings ratio of 16.87 and a beta of 0.93. The stock has a 50-day moving average price of $6.61 and a 200 day moving average price of $5.73.

LY (OTCMKTS:YAHOY) last released its quarterly earnings data on Monday, August 3rd. The technology company reported $0.12 earnings per share for the quarter. LY had a return on equity of 5.49% and a net margin of 6.24%. The business had revenue of $3.48 billion for the quarter. Sell-side analysts expect that LY Corporation Unsponsored ADR will post 0.42 EPS for the current fiscal year.

About LY

Yahoo Inc is a global technology and media company that operates a portfolio of consumer internet services. Its offerings include Yahoo Mail, Yahoo Search, Yahoo Finance, Yahoo News, Yahoo Sports and Yahoo Entertainment, which provide users with communication, information, financial content and digital media experiences.

The company generates revenue primarily through digital advertising and related partnerships across its online properties. Yahoo serves users internationally, with its services available across multiple geographic markets and supported by localized content and products.

Yahoo was founded in 1994 by Jerry Yang and David Filo.