LY Co. (OTCMKTS:YAHOY – Get Free Report) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $7.49 and last traded at $6.99, with a volume of 35436 shares trading hands. The stock had previously closed at $7.17.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group assumed coverage on shares of LY in a report on Tuesday. They issued a “neutral” rating on the stock.
Check Out Our Latest Research Report on YAHOY
LY Stock Down 2.5 %
LY (OTCMKTS:YAHOY – Get Free Report) last announced its quarterly 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%. As a group, analysts forecast that LY Co. will post 0.26 earnings per share for the current 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.
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