The Goldman Sachs Group assumed coverage on shares of LY (OTCMKTS:YAHOY – Free Report) in a report issued on Tuesday. The brokerage issued a neutral rating on the technology company’s stock.
LY Stock Up 4.0 %
Shares of LY stock opened at $7.22 on Tuesday. The business has a fifty day simple moving average of $6.41 and a 200-day simple moving average of $5.83. LY has a fifty-two week low of $4.32 and a fifty-two week high of $7.45. The firm has a market cap of $25.82 billion, a price-to-earnings ratio of 36.10 and a beta of 0.97.
LY (OTCMKTS:YAHOY – Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The technology company reported $0.08 earnings per share for the quarter. LY had a net margin of 6.17% and a return on equity of 3.65%. Analysts anticipate that LY will post 0.26 earnings per share for the current fiscal year.
About LY
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.
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