LG Display (NYSE:LPL) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of LG Display (NYSE:LPL – Get Rating) in a research note released on Thursday. The firm issued a hold rating on the electronics maker’s stock.

LG Display Stock Up 0.9 %

LPL stock opened at $5.57 on Thursday. LG Display has a fifty-two week low of $4.08 and a fifty-two week high of $8.53. The stock has a fifty day moving average of $5.67 and a 200-day moving average of $5.30. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.47 and a current ratio of 0.68. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of -1.70 and a beta of 1.44.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. OLD Mission Capital LLC bought a new position in LG Display in the 4th quarter worth about $172,000. CI Private Wealth LLC bought a new position in LG Display in the 4th quarter worth about $261,000. Cerity Partners LLC boosted its stake in LG Display by 27.0% in the 4th quarter. Cerity Partners LLC now owns 91,832 shares of the electronics maker’s stock worth $455,000 after purchasing an additional 19,495 shares during the period. Squarepoint Ops LLC bought a new position in LG Display in the 4th quarter worth about $59,000. Finally, Millennium Management LLC bought a new position in LG Display in the 4th quarter worth about $172,000. Institutional investors own 2.00% of the company’s stock.

LG Display Company Profile

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LG Display Co, Ltd. engages in the manufacture and sale of thin film transistor and organic light-emitting diode display (OLED) products. Its products include television, commercial, monitor, notebook, mobile, auto, and OLED display. The company was founded on February 28, 1985 and is headquartered in Seoul, South Korea.