LG Display (NYSE:LPL) Stock Rating Upgraded by StockNews.com

LG Display (NYSE:LPL) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Thursday.

A number of other equities analysts also recently issued reports on LPL. Morgan Stanley upgraded LG Display from an “equal weight” rating to an “overweight” rating in a research report on Monday, September 16th. Citigroup lowered LG Display from a “buy” rating to a “sell” rating in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co. lowered shares of LG Display from an “overweight” rating to a “neutral” rating in a report on Wednesday, October 23rd.

LG Display Price Performance

Shares of LG Display stock traded up $0.03 during trading hours on Thursday, reaching $3.18. The stock had a trading volume of 338,204 shares, compared to its average volume of 308,536. LG Display has a twelve month low of $3.10 and a twelve month high of $5.66. The company has a current ratio of 0.65, a quick ratio of 0.43 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $3.18 billion, a PE ratio of -1.82 and a beta of 1.33. The stock’s 50 day moving average is $3.51 and its 200 day moving average is $3.85.

Institutional Investors Weigh In On LG Display

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