LY Co. (OTCMKTS:YAHOY - Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 33,900 shares, an increase of 156.8% from the October 15th total of 13,200 shares. Based on an average daily trading volume, of 118,600 shares, the short-interest ratio is currently 0.3 days.
Analysts Set New Price Targets
Separately, New Street Research raised LY to a "strong-buy" rating in a report on Monday, September 9th.
Read Our Latest Research Report on YAHOY
LY Stock Performance
Shares of YAHOY stock remained flat at $5.25 during midday trading on Wednesday. 103,599 shares of the company's stock were exchanged, compared to its average volume of 72,083. The business has a 50 day simple moving average of $5.59 and a 200 day simple moving average of $5.17. The stock has a market capitalization of $18.77 billion, a P/E ratio of 27.63 and a beta of 1.03. LY has a one year low of $4.32 and a one year high of $7.05.
About LY
(
Get Free Report)
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.
Read More
Before you consider LY, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LY wasn't on the list.
While LY currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
