LG Display (NYSE:LPL) Reaches New 52-Week Low - Time to Sell?

LG Display Co., Ltd. (NYSE:LPL - Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as $2.60 and last traded at $2.64, with a volume of 43634 shares trading hands. The stock had previously closed at $2.73.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of LG Display from a "buy" rating to a "hold" rating in a research report on Tuesday, January 7th.

LG Display Trading Up 5.1 %

The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 1.00. The company has a market cap of $2.80 billion, a P/E ratio of -1.16 and a beta of 1.28. The business has a 50-day moving average price of $3.16 and a two-hundred day moving average price of $3.36.

LG Display (NYSE:LPL - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported ($0.60) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.67). LG Display had a negative return on equity of 29.08% and a negative net margin of 9.42%. On average, analysts predict that LG Display Co., Ltd. will post 0.59 EPS for the current year.

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Institutional Trading of LG Display

A number of institutional investors have recently bought and sold shares of LPL. Fragasso Financial Advisors Inc acquired a new stake in shares of LG Display during the first quarter worth $32,000. Rhumbline Advisers boosted its holdings in LG Display by 2.3% during the first quarter. Rhumbline Advisers now owns 363,341 shares of the electronics maker's stock worth $1,130,000 after buying an additional 8,144 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of LG Display by 1,380.7% in the 1st quarter. GAMMA Investing LLC now owns 68,423 shares of the electronics maker's stock valued at $213,000 after acquiring an additional 63,802 shares during the last quarter. Public Employees Retirement System of Ohio increased its stake in LG Display by 8.3% in the fourth quarter. Public Employees Retirement System of Ohio now owns 213,136 shares of the electronics maker's stock valued at $654,000 after purchasing an additional 16,277 shares in the last quarter. Finally, Two Sigma Advisers LP acquired a new stake in LG Display in the fourth quarter worth $32,000.

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.