Line Corp (LN) Trading Up 5.1%
Shares of Line Corp (NYSE:LN) were up 5.1% on Tuesday . The stock traded as high as $42.13 and last traded at $42.04, with a volume of 912,674 shares. The stock had previously closed at $40.00.
Several analysts recently weighed in on LN shares. Jefferies Group started coverage on Line Corp in a report on Thursday, July 14th. They set a “buy” rating for the company. Morgan Stanley began coverage on Line Corp in a report on Monday. They set an “overweight” rating for the company.
The company has a 50-day moving average price of $0.00 and a 200-day moving average price of $0.00. The company has a market cap of $7.37 billion and a PE ratio of 2809.33.
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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