LY (OTCMKTS:YAHOY) Hits New 12-Month High – Time to Buy?

LY Co. (OTCMKTS:YAHOY) shares reached a new 52-week high on Monday . The company 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.

Wall Street Analyst Weigh In

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

LY Trading Up 1.4 %

The company has a market capitalization of $25.86 billion, a P/E ratio of 36.15 and a beta of 0.96. The stock has a 50 day moving average price of $6.78 and a 200 day moving average price of $5.96.

LY (OTCMKTS:YAHOY) last posted its earnings results on Thursday, February 6th. The technology company reported $0.08 EPS for the quarter. LY had a return on equity of 3.65% and a net margin of 6.17%. On average, research analysts predict that LY Co. will post 0.26 EPS 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.