CyberAgent (OTCMKTS:CYGIY) Shares Gap Up – Time to Buy?

by · The Cerbat Gem

Shares of CyberAgent (OTCMKTS:CYGIY – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $3.75, but opened at $4.2150. CyberAgent shares last traded at $4.17, with a volume of 116 shares trading hands.

CyberAgent Trading Up 6.9%

The firm has a market capitalization of $4.23 billion, a PE ratio of 15.44 and a beta of 0.40. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.47 and a current ratio of 2.54. The firm has a fifty day moving average of $4.09 and a 200 day moving average of $4.14.

About CyberAgent

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CyberAgent, Inc is a Japanese internet company founded in 1998 by Susumu Fujita. The company began as an internet advertising business and has expanded into digital media, online gaming and other internet-related services. Its operations are primarily focused on the Japanese market.

CyberAgent provides internet advertising services, including planning, sales and technology solutions for digital marketing campaigns. Through its media business, the company operates Ameba, a range of blogging and content services, and ABEMA, an internet-based video and live-streaming platform developed with TV Asahi.

The company is also involved in online and mobile game development and publishing through group companies such as Cygames.

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