LG Display (NYSE:LPL) Upgraded at StockNews.com

LG Display (NYSE:LPL) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday.

Several other research firms have also commented on LPL. JPMorgan Chase & Co. lowered shares of LG Display from an “overweight” rating to a “neutral” rating in a research note on Wednesday, October 23rd. Morgan Stanley raised LG Display from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 16th. Finally, Citigroup cut LG Display from a “buy” rating to a “sell” rating in a research report on Thursday, October 24th.

LG Display Stock Up 1.0 %

LPL traded up $0.03 on Thursday, hitting $3.18. The company had a trading volume of 338,204 shares, compared to its average volume of 308,536. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of -1.82 and a beta of 1.33. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.43 and a current ratio of 0.65. The stock has a fifty day moving average price of $3.51 and a 200-day moving average price of $3.85. LG Display has a 12-month low of $3.10 and a 12-month high of $5.66.

Institutional Trading of LG Display

Institutional investors have recently bought and sold shares of the stock. QRG Capital Management Inc. purchased a new stake in LG Display during the 3rd quarter valued at about $42,000. Caprock Group LLC purchased a new stake in LG Display in the second quarter valued at approximately $50,000. Drive Wealth Management LLC acquired a new position in LG Display in the 2nd quarter worth approximately $50,000. MQS Management LLC purchased a new stake in LG Display in the second quarter valued at $61,000. Finally, Wealthstream Advisors Inc. purchased a new position in shares of LG Display during the 3rd quarter valued at about $64,000.

LG Display Company Profile

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.