LG Display Co., Ltd. (NYSE:LPL - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.18 and traded as high as $3.45. LG Display shares last traded at $3.43, with a volume of 143,110 shares traded.
Analyst Upgrades and Downgrades
LPL has been the subject of a number of recent research reports. Bank of America initiated coverage on LG Display in a research report on Thursday, April 24th. They issued a "neutral" rating for the company. Morgan Stanley upgraded LG Display from an "underweight" rating to an "equal weight" rating in a research report on Wednesday, June 11th. Finally, Wall Street Zen upgraded LG Display from a "hold" rating to a "buy" rating in a research report on Monday, May 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold".
Read Our Latest Research Report on LG Display
LG Display Stock Down 2.6%
The company has a quick ratio of 0.46, a current ratio of 0.64 and a debt-to-equity ratio of 0.98. The company has a 50-day simple moving average of $3.32 and a two-hundred day simple moving average of $3.19. The stock has a market cap of $3.38 billion, a P/E ratio of -1.90, a P/E/G ratio of 0.50 and a beta of 1.44.
LG Display (NYSE:LPL - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The electronics maker reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.38). LG Display had a negative net margin of 7.17% and a negative return on equity of 24.14%. The company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.33 billion. On average, equities analysts forecast that LG Display Co., Ltd. will post 0.59 EPS for the current year.
Institutional Trading of LG Display
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Fragasso Financial Advisors Inc purchased a new position in shares of LG Display during the first quarter valued at approximately $32,000. Two Sigma Advisers LP purchased a new position in shares of LG Display during the fourth quarter valued at approximately $32,000. BSW Wealth Partners purchased a new position in shares of LG Display during the first quarter valued at approximately $42,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of LG Display during the first quarter valued at approximately $44,000. Finally, Inspire Investing LLC purchased a new position in shares of LG Display during the first quarter valued at approximately $45,000.
LG Display Company Profile
(
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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.
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