LY (OTCMKTS:YAHOY) Hits New 52-Week High – What’s Next?

Shares of LY Co. (OTCMKTS:YAHOY) hit a new 52-week high during trading on Monday . The stock traded as high as $7.51 and last traded at $7.23, with a volume of 196160 shares changing hands. The stock had previously closed at $7.13.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group assumed coverage on shares of LY in a report on Tuesday, March 25th. They set a “neutral” rating for the company.

LY Price Performance

The firm has a market cap of $25.86 billion, a price-to-earnings ratio of 36.15 and a beta of 0.96. The firm’s fifty day moving average is $6.78 and its 200-day moving average is $5.96.

LY (OTCMKTS:YAHOY) last announced its quarterly earnings data 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%. As a group, equities research analysts anticipate that LY Co. 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.