LG Display Co., Ltd. (NYSE:LPL - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $3.50 and last traded at $3.51, with a volume of 134432 shares traded. The stock had previously closed at $3.68.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered LG Display from a "buy" rating to a "hold" rating in a research report on Wednesday, April 3rd.
Get Our Latest Stock Analysis on LPL
LG Display Stock Performance
The company has a 50-day moving average price of $3.97 and a two-hundred day moving average price of $4.42. The company has a current ratio of 0.73, a quick ratio of 0.49 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $3.52 billion, a P/E ratio of -1.49 and a beta of 1.42.
LG Display (NYSE:LPL - Get Free Report) last posted its quarterly earnings data on Friday, March 8th. The electronics maker reported $0.06 earnings per share for the quarter. LG Display had a negative return on equity of 24.29% and a negative net margin of 10.46%. The firm had revenue of $5.61 billion during the quarter. On average, equities analysts forecast that LG Display Co., Ltd. will post -0.99 earnings per share for the current year.
Institutional Trading of LG Display
Large investors have recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new position in LG Display during the 1st quarter valued at about $32,000. EverSource Wealth Advisors LLC boosted its stake in LG Display by 307.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 6,756 shares of the electronics maker's stock valued at $33,000 after purchasing an additional 5,098 shares during the last quarter. Tower Research Capital LLC TRC acquired a new position in LG Display during the 4th quarter valued at about $43,000. HB Wealth Management LLC acquired a new position in LG Display during the 1st quarter valued at about $46,000. Finally, Alera Investment Advisors LLC boosted its stake in shares of LG Display by 32.2% in the 1st quarter. Alera Investment Advisors LLC now owns 14,431 shares of the electronics maker's stock worth $59,000 after buying an additional 3,517 shares during the last quarter.
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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