LG Display (NYSE:LPL) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

LG Display Co., Ltd. (NYSE:LPL - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.17 and traded as high as $4.32. LG Display shares last traded at $4.2750, with a volume of 337,835 shares changing hands.

Wall Street Analyst Weigh In

• Short Interest Could Send These 2 Stocks Flying

LPL has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of LG Display in a research note on Wednesday, October 8th. Wall Street Zen raised shares of LG Display from a "hold" rating to a "buy" rating in a research note on Saturday, November 22nd. Finally, UBS Group upgraded shares of LG Display from a "sell" rating to a "neutral" rating in a research report on Tuesday, September 23rd. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce".

Read Our Latest Research Report on LG Display

LG Display Stock Down 1.3%

The firm's 50 day moving average is $4.88 and its two-hundred day moving average is $4.17. The stock has a market cap of $4.28 billion, a price-to-earnings ratio of -10.18, a P/E/G ratio of 0.26 and a beta of 1.49. The company has a current ratio of 0.62, a quick ratio of 0.37 and a debt-to-equity ratio of 1.06.

Hedge Funds Weigh In On LG Display

Institutional investors and hedge funds have recently modified their holdings of the company. Ethic Inc. raised its holdings in LG Display by 87.7% in the 1st quarter. Ethic Inc. now owns 163,998 shares of the electronics maker's stock valued at $505,000 after acquiring an additional 76,633 shares during the last quarter. Yousif Capital Management LLC boosted its holdings in shares of LG Display by 47.4% during the second quarter. Yousif Capital Management LLC now owns 16,340 shares of the electronics maker's stock worth $56,000 after purchasing an additional 5,255 shares during the last quarter. Vident Advisory LLC grew its position in shares of LG Display by 46.2% in the first quarter. Vident Advisory LLC now owns 392,350 shares of the electronics maker's stock valued at $1,220,000 after purchasing an additional 123,994 shares during the period. Sequoia Financial Advisors LLC increased its stake in LG Display by 9.0% in the second quarter. Sequoia Financial Advisors LLC now owns 108,921 shares of the electronics maker's stock valued at $373,000 after purchasing an additional 8,977 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in LG Display by 21.1% during the first quarter. PNC Financial Services Group Inc. now owns 106,695 shares of the electronics maker's stock worth $332,000 after buying an additional 18,610 shares during the period.

About LG Display

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.

Read More

• Five stocks we like better than LG Display
• Stock Average Calculator
• Up Over 20% in 2025, These 3 Stocks Are Boosting Buyback Capacity
• Top Biotech Stocks: Exploring Innovation Opportunities
• Congress Beat the Market Again—Here Are the 3 Stocks They Bought
• How Technical Indicators Can Help You Find Oversold Stocks
• Go on a Shopping Spree With 3 Top Retail ETFs

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in LG Display Right Now?

Before you consider LG Display, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LG Display wasn't on the list.

While LG Display currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here