LY (OTCMKTS:YAHOY) Reaches New 52-Week High – Should You Buy?

LY Co. (OTCMKTS:YAHOYGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $6.58 and last traded at $6.44, with a volume of 207426 shares trading hands. The stock had previously closed at $6.56.

LY Trading Down 1.8 %

The stock has a market cap of $23.03 billion, a P/E ratio of 32.20 and a beta of 0.99. The company’s 50 day moving average price is $5.62 and its two-hundred day moving average price is $5.50.

LY (OTCMKTS:YAHOYGet Free Report) last released its quarterly earnings results 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 3.64%. On average, sell-side analysts anticipate that LY Co. will post 0.26 earnings per share for the current year.

About LY

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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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