LG Display Co., Ltd. (NYSE:LPL - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $3.47, but opened at $3.65. LG Display shares last traded at $3.61, with a volume of 47,504 shares traded.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of LG Display from a "buy" rating to a "hold" rating in a research note on Wednesday, April 3rd.
Read Our Latest Stock Report on LPL
LG Display Trading Up 4.6 %
The business's 50 day moving average price is $3.83 and its two-hundred day moving average price is $4.28. The company has a market capitalization of $3.63 billion, a price-to-earnings ratio of -1.49 and a beta of 1.36. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.49 and a current ratio of 0.73.
LG Display (NYSE:LPL - Get Free Report) last issued its earnings results on Thursday, May 16th. The electronics maker reported ($0.81) earnings per share for the quarter, missing analysts' consensus estimates of ($0.57) by ($0.24). The business had revenue of $4.20 billion for the quarter. LG Display had a negative return on equity of 24.29% and a negative net margin of 10.46%. Equities analysts forecast that LG Display Co., Ltd. will post -0.99 earnings per share for the current fiscal year.
Institutional Trading of LG Display
A number of large investors have recently added to or reduced their stakes in LPL. EverSource Wealth Advisors LLC boosted its stake in LG Display by 101.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 13,592 shares of the electronics maker's stock worth $55,000 after purchasing an additional 6,836 shares during the period. Alera Investment Advisors LLC lifted its position in 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 in the last quarter. Inspire Advisors LLC lifted its position in LG Display by 21.6% in the 1st quarter. Inspire Advisors LLC now owns 33,078 shares of the electronics maker's stock worth $136,000 after buying an additional 5,876 shares in the last quarter. PDS Planning Inc lifted its position in LG Display by 20.3% in the 1st quarter. PDS Planning Inc now owns 31,333 shares of the electronics maker's stock worth $128,000 after buying an additional 5,290 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in LG Display by 101.2% in the 1st quarter. BNP Paribas Financial Markets now owns 79,582 shares of the electronics maker's stock worth $326,000 after buying an additional 40,035 shares in 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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