LY Co. (OTCMKTS:YAHOY – Get Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totalling 34,200 shares, a decrease of 76.0% from the August 15th total of 142,300 shares. Based on an average daily volume of 137,000 shares, the short-interest ratio is presently 0.2 days.
LY Stock Performance
Shares of YAHOY opened at $5.88 on Friday. The company’s 50-day simple moving average is $5.19 and its 200-day simple moving average is $4.99. LY has a 1 year low of $4.32 and a 1 year high of $7.05. The stock has a market capitalization of $22.45 billion, a PE ratio of 24.17 and a beta of 1.03.
LY (OTCMKTS:YAHOY – Get Free Report) last announced its earnings results on Friday, August 2nd. The technology company reported $0.05 earnings per share for the quarter. LY had a net margin of 6.88% and a return on equity of 3.77%. The firm had revenue of $2.97 billion for the quarter. On average, sell-side analysts predict that LY will post 0.25 earnings per share for the current year.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on YAHOY
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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