LG Display Co., Ltd. (NYSE:LPL - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $3.47, but opened at $3.37. LG Display shares last traded at $3.36, with a volume of 29,861 shares traded.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on LPL. Citigroup cut LG Display from a "buy" rating to a "sell" rating in a research report on Thursday, October 24th. Morgan Stanley raised LG Display from an "equal weight" rating to an "overweight" rating in a report on Monday, September 16th. JPMorgan Chase & Co. cut LG Display from an "overweight" rating to a "neutral" rating in a report on Wednesday, October 23rd. Finally, StockNews.com upgraded LG Display from a "hold" rating to a "buy" rating in a research report on Tuesday.
Read Our Latest Report on LPL
LG Display Trading Down 2.6 %
The stock has a market capitalization of $3.38 billion, a PE ratio of -1.93 and a beta of 1.38. The firm has a 50 day moving average price of $3.73 and a 200 day moving average price of $3.90. The company has a quick ratio of 0.43, a current ratio of 0.65 and a debt-to-equity ratio of 1.03.
Hedge Funds Weigh In On LG Display
Large investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its position in LG Display by 45.9% during the second quarter. GAMMA Investing LLC now owns 7,508 shares of the electronics maker's stock valued at $31,000 after purchasing an additional 2,363 shares in the last quarter. QRG Capital Management Inc. purchased a new position in LG Display in the 3rd quarter worth approximately $42,000. Caprock Group LLC purchased a new stake in LG Display during the 2nd quarter valued at $50,000. Drive Wealth Management LLC bought a new stake in shares of LG Display during the 2nd quarter valued at $50,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of LG Display by 101.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 13,592 shares of the electronics maker's stock valued at $55,000 after acquiring an additional 6,836 shares during the period.
LG Display Company Profile
(
Get Free Report)
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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