LG Display Co., Ltd. (NYSE:LPL) Short Interest Update

LG Display Co., Ltd. (NYSE:LPL - Get Free Report) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 134,200 shares, a decline of 81.8% from the March 31st total of 738,400 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 235,600 shares, the short-interest ratio is presently 0.6 days.

LG Display Price Performance

Shares of NYSE:LPL traded up $0.03 on Wednesday, reaching $2.94. The company's stock had a trading volume of 251,747 shares, compared to its average volume of 249,347. The company has a 50-day simple moving average of $3.05 and a 200 day simple moving average of $3.26. LG Display has a 52-week low of $2.43 and a 52-week high of $4.86. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.43 and a current ratio of 0.64. The company has a market cap of $2.94 billion, a P/E ratio of -1.22 and a beta of 1.28.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on LPL shares. StockNews.com lowered LG Display from a "buy" rating to a "hold" rating in a research report on Tuesday, January 7th. Bank of America assumed coverage on LG Display in a research note on Thursday, April 24th. They set a "neutral" rating for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, LG Display currently has an average rating of "Hold".

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fragasso Financial Advisors Inc bought a new stake in shares of LG Display in the 1st quarter valued at approximately $32,000. Two Sigma Advisers LP bought a new position in shares of LG Display during the 4th quarter valued at approximately $32,000. Savant Capital LLC purchased a new stake in LG Display during the 4th quarter valued at $38,000. BSW Wealth Partners bought a new stake in LG Display in the first quarter worth $42,000. Finally, Caprock Group LLC boosted its stake in LG Display by 48.7% during the fourth quarter. Caprock Group LLC now owns 17,144 shares of the electronics maker's stock worth $53,000 after buying an additional 5,618 shares during the period.

About LG Display

LG Display Co, Ltd., together with its subsidiaries, engages in the manufacture and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels. Its TFT-LCD and OLED technology-based display panels are primarily used in televisions, notebook computers, desktop monitors, tablet computers, mobile devices, and automotive displays.