Line Corp (LN) Sees Strong Trading Volume
Shares of Line Corp (NYSE:LN) saw an uptick in trading volume on Tuesday . 1,407,724 shares traded hands during 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 note on Monday, August 8th. They set an “overweight” rating for the company. Jefferies Group began coverage on shares of Line Corp in a research note on Thursday, July 14th. They set a “buy” rating for the company.
The stock’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00. The company has a market cap of $9.72 billion and a price-to-earnings ratio of 3079.33.
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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