LG Display (NYSE:LPL - Get Free Report) issued its quarterly earnings results on Wednesday. The electronics maker reported ($0.60) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.67), Zacks reports. LG Display had a negative net margin of 6.15% and a negative return on equity of 18.04%.
LG Display Stock Performance
Shares of LG Display stock traded down $0.08 during trading on Thursday, reaching $3.21. The company's stock had a trading volume of 149,784 shares, compared to its average volume of 232,370. The company has a quick ratio of 0.43, a current ratio of 0.65 and a debt-to-equity ratio of 1.03. The business's 50-day moving average price is $3.27 and its 200-day moving average price is $3.74. LG Display has a 52 week low of $3.05 and a 52 week high of $5.66. The firm has a market cap of $3.21 billion, a PE ratio of -1.83 and a beta of 1.33.
Analyst Ratings Changes
Several research firms have issued reports on LPL. JPMorgan Chase & Co. lowered shares of LG Display from an "overweight" rating to a "neutral" rating in a research report on Wednesday, October 23rd. StockNews.com cut LG Display from a "buy" rating to a "hold" rating in a research note on Tuesday, January 7th. Finally, Citigroup downgraded shares of LG Display from a "buy" rating to a "sell" rating in a report on Thursday, October 24th.
Read Our Latest Stock Report on LG Display
About LG Display
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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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