CyberAgent, Inc (CYGIY) Downgraded by Zacks Investment Research to “Sell”

Zacks Investment Research lowered shares of CyberAgent, Inc (NASDAQ:CYGIY) from a hold rating to a sell rating in a research note published on Friday.

According to Zacks, “CyberAgent Inc. provides internet services. Its business portfolio includes blog media website, internet ad business, game services and investment development business for smartphones and PC. CyberAgent Inc. is headquartered in Tokyo, Japan. “

Shares of CyberAgent (NASDAQ:CYGIY) remained flat at $15.25 during mid-day trading on Friday. The company has a 50 day moving average of $15.62 and a 200-day moving average of $15.45. CyberAgent has a 52 week low of $9.77 and a 52 week high of $15.70. The company has a market cap of $3.83 billion and a price-to-earnings ratio of 47.29.

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