LY (OTCMKTS:YAHOY) Sets New 52-Week High – Still a Buy?

Shares of LY Co. (OTCMKTS:YAHOY) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $7.49 and last traded at $6.99, with a volume of 35436 shares. The stock had previously closed at $7.17.

Analyst Ratings Changes

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

LY Stock Down 2.5 %

The firm has a market capitalization of $25.00 billion, a price-to-earnings ratio of 34.95 and a beta of 0.97. The business has a 50-day moving average of $6.51 and a two-hundred day moving average of $5.86.

LY (OTCMKTS:YAHOY) last released 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%. Equities analysts predict that LY Co. will post 0.26 EPS 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.