The Goldman Sachs Group Initiates Coverage on LY (OTCMKTS:YAHOY)

Investment analysts at The Goldman Sachs Group assumed coverage on shares of LY (OTCMKTS:YAHOYGet Free Report) in a report released on Tuesday. The firm set a “neutral” rating on the technology company’s stock.

LY Price Performance

YAHOY opened at $7.04 on Tuesday. LY has a fifty-two week low of $4.32 and a fifty-two week high of $7.45. The company has a market capitalization of $25.18 billion, a P/E ratio of 35.20 and a beta of 0.97. The firm’s fifty day moving average price is $6.44 and its two-hundred day moving average price is $5.84.

LY (OTCMKTS:YAHOYGet Free Report) last announced its 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%. On average, equities research analysts expect that LY will post 0.26 EPS for the current fiscal year.

LY Company Profile

(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.

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