LY Corporation Unsponsored ADR (OTCMKTS:YAHOY – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $5.06, but opened at $5.2150. LY shares last traded at $5.2050, with a volume of 20,584 shares changing hands.
Analyst Ratings Changes
A number of brokerages recently commented on YAHOY. The Goldman Sachs Group upgraded LY to a “hold” rating in a research note on Sunday, May 10th. Zacks Research raised shares of LY to a “hold” rating in a report on Friday, April 17th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.
Get Our Latest Report on YAHOY
LY Stock Up 3.0%
LY (OTCMKTS:YAHOY – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The technology company reported $0.08 earnings per share (EPS) for the quarter. LY had a return on equity of 5.02% and a net margin of 6.14%.The company had revenue of $11.17 billion during the quarter. On average, research analysts expect that LY Corporation Unsponsored ADR will post 0.28 earnings per share for the current fiscal year.
LY Company Profile
LY Corporation engages in the online advertising and e-commerce businesses in Japan. The company provides LINE, a communication app; and Yahoo! JAPAN, an internet service that offers search, news, weather, shopping, auction, and other services. It also offers reuse, membership, and payment-related services. The company was formerly known as Z Holdings Corporation and changed its name to LY Corporation in October 2023. LY Corporation was founded in 1996 and is headquartered in Chiyoda, Japan. LY Corporation operates as a subsidiary of A Holdings Corporation.
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