Shares of LG Display Co., Ltd. (NYSE:LPL - Get Free Report) reached a new 52-week low during trading on Monday . The company traded as low as $3.03 and last traded at $3.07, with a volume of 53452 shares. The stock had previously closed at $3.15.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of LG Display from a "buy" rating to a "hold" rating in a research report on Tuesday, January 7th.
Read Our Latest Research Report on LG Display
LG Display Stock Performance
The firm has a market cap of $2.75 billion, a PE ratio of -1.14 and a beta of 1.35. The business has a 50 day simple moving average of $3.24 and a two-hundred day simple moving average of $3.43. The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 1.00.
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 analysts' consensus estimates of $0.07 by ($0.67). LG Display had a negative net margin of 9.42% and a negative return on equity of 29.08%. As a group, equities research analysts forecast that LG Display Co., Ltd. will post 0.59 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Two Sigma Advisers LP purchased a new stake in shares of LG Display in the 4th quarter worth $32,000. Savant Capital LLC bought a new stake in shares of LG Display in the fourth quarter valued at about $38,000. Caprock Group LLC lifted its stake in LG Display by 48.7% in the fourth quarter. Caprock Group LLC now owns 17,144 shares of the electronics maker's stock worth $53,000 after acquiring an additional 5,618 shares during the period. Millennium Management LLC increased its position in LG Display by 21.2% during the 4th quarter. Millennium Management LLC now owns 20,900 shares of the electronics maker's stock valued at $64,000 after purchasing an additional 3,661 shares during the period. Finally, PDS Planning Inc raised its holdings in shares of LG Display by 16.7% in the 4th quarter. PDS Planning Inc now owns 23,782 shares of the electronics maker's stock valued at $73,000 after purchasing an additional 3,401 shares in the last quarter.
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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