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Analysts at Jefferies Group initiated coverage on shares of Yahoo Japan Corp (NASDAQ:YAHOY) in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Shares of Yahoo Japan Corp (NASDAQ:YAHOY) traded down 1.12% on Wednesday, hitting $9.445. The stock had a trading volume of 388 shares. Yahoo Japan Corp has a 52 week low of $8.25 and a 52 week high of $12.77. The stock’s 50-day moving average is $9.2 and its 200-day moving average is $10.48. The company has a market cap of $26.907 billion and a P/E ratio of 22.21.

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