LG Display Co. Ltd. (NYSE:LPL) : Traders are bullish on LG Display Co. Ltd. (NYSE:LPL) as it has outperformed the S&P 500 by a wide margin of 23.14% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.39%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 8.77% in the last 1 week, and is up 25.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 13.76% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $12.66 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $10.86 and the 200 Day Moving Average price is recorded at $10.33.
The stock has recorded a 20-day Moving Average of 17.04% and the 50-Day Moving Average is 18.77%.
LG Display Co. Ltd. (NYSE:LPL): stock turned positive on Friday. Though the stock opened at $12.48, the bulls momentum made the stock top out at $12.66 level for the day. The stock recorded a low of $12.465 and closed the trading day at $12.65, in the green by 6.04%. The total traded volume for the day was 736,183. The stock had closed at $11.93 in the previous days trading.
LG Display Co., Ltd. manufactures thin-film transistor liquid crystal display (TFT-LCD), organic light emitting diode (OLED) and other display panel technologies. It manufactures display panels in a range of sizes and specifications primarily for use in televisions, notebook computers, desktop monitors, tablet computers and various other applications, including mobile devices. The Company also offers high-definition (HD) television panels. The Company also manufactures display panels for industrial and other applications, including entertainment systems, automotive displays, portable navigation devices and medical diagnostic equipment. Its television display panels range from 15 inches to 105 inches in size. Its display panels for notebook computers range from 10.1 inches to 17.3 inches in size. Its desktop monitor display panels range from 15 inches to 34 inches in size. Its tablet computer display panels range from five inches to 19.5 inches in size.