Line Corp (LN) Sees Strong Trading Volume
Line Corp (NYSE:LN) saw an uptick in trading volume on Tuesday . 1,407,724 shares were traded during mid-day trading, a decline of 2% from the previous session’s volume of 1,432,943 shares.The stock last traded at $46.28 and had previously closed at $46.07.
Several research firms recently commented on LN. Morgan Stanley began coverage on shares of Line Corp in a research report on Monday, August 8th. They issued an “overweight” rating on the stock. Jefferies Group began coverage on shares of Line Corp in a research report on Thursday, July 14th. They issued a “buy” rating on the stock.
The stock has a market cap of $9.89 billion and a P/E ratio of 3132.67. The stock’s 50-day moving average price is $0.00 and its 200-day moving average price is $0.00.
LINE Corporation is a Japan-based company mainly engaged in the operation of LINE business portal business. Its LINE business portal segment includes communication and content service and advertising service. Communication and content service provides communication, contents and other services, such as LINE Pay, LINE FRIENDS and LINE Mobile.
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