LY (OTCMKTS:YAHOY) Reaches New 52-Week High - Here's What Happened

Shares of LY Co. (OTCMKTS:YAHOY - Get Free Report) hit a new 52-week high on Monday . The stock 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.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group began coverage on LY in a research report on Tuesday, March 25th. They issued a "neutral" rating on the stock.

LY Price Performance

The business's fifty day simple moving average is $6.87 and its two-hundred day simple moving average is $6.01. The company has a market cap of $26.93 billion, a PE ratio of 37.65 and a beta of 0.96.

LY (OTCMKTS:YAHOY - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The technology company reported $0.08 earnings per share (EPS) for the quarter. LY had a net margin of 6.17% and a return on equity of 3.65%. As a group, analysts predict that LY Co. will post 0.26 EPS for the current year.

LY Company Profile

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.