Investment analysts at The Goldman Sachs Group initiated coverage on shares of LY (OTCMKTS:YAHOY – Get Free Report) in a note issued to investors on Tuesday. The brokerage set a “neutral” rating on the technology company’s stock.
LY Stock Down 2.5 %
Shares of YAHOY stock opened at $7.04 on Tuesday. The company has a market capitalization of $25.18 billion, a price-to-earnings ratio of 35.20 and a beta of 0.97. LY has a 12-month low of $4.32 and a 12-month high of $7.45. The firm has a fifty day moving average of $6.44 and a 200-day moving average of $5.84.
LY (OTCMKTS:YAHOY – Get Free Report) last announced its earnings results on Thursday, February 6th. The technology company reported $0.08 earnings per share (EPS) for the quarter. LY had a return on equity of 3.65% and a net margin of 6.17%. On average, equities analysts expect that LY will post 0.26 EPS for the current 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.
Read More
- Five stocks we like better than LY
- What is the Australian Securities Exchange (ASX)
- Energy Transfer: Powering Data With Dividends and Diversification
- Do ETFs Pay Dividends? What You Need to Know
- Qualcomm Stock Is Coiling for a Breakout
- Growth Stocks: What They Are, Examples and How to Invest
- Is Alphabet Too Cheap to Ignore After Its Recent Correction?
Receive News & Ratings for LY Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LY and related companies with MarketBeat.com's FREE daily email newsletter.
