Lg Display Co Ltd (LPL, Financial) experienced a significant stock drop of 5.28%. The stock is currently priced at $3.41 per share with a trading volume of 159,957 shares. The turnover rate stands at 0.02% and the price amplitude is 1.94%.
Recent financial reports for LPL indicate a revenue of $5.026 billion and a net loss of $249 million, translating to an earnings per share (EPS) of -$0.26. The price-to-earnings ratio is calculated at -2.61, reflecting the company's ongoing challenges.
Market analysts have provided varied ratings for LPL, with 58% recommending a buy, 25% suggesting a hold, and 17% advising a sell. Within the electronic consumer industry, where LPL is categorized, the overall decline was 0.05%.
Other stocks in the sector showed mixed performances. Universal Electronics Inc. and Algorhythm Holdings, Inc. witnessed notable gains. Meanwhile, stocks such as Wearable Devices Ltd. showed high activity with turnover rates of 3.99%, 3.41%, and 2.26% respectively. Significant price fluctuations were observed in Pixie Dust Technologies Inc, Universal Electronics Inc., and GoPro, Inc. with amplitudes of 36.23%, 22.57%, and 20.69%.
LG Display is a South Korean company that specializes in the development, manufacturing, and sales of TFT-LCD and OLED display panels. Its products cater to various devices including laptops, monitors, TVs, smartphones, and tablets. The company operates worldwide through subsidiaries located in countries such as the US, Germany, Japan, Taiwan, China, and Singapore, and primarily generates its revenue from international markets.
