LG Display Co Ltd_ NYSE $LPL Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.1 In other words, the correlation coefficient of the other stocks
LPL appears to suggest upside opportunity given the insider ownership at 51.10%. Yo you should really check out awesomeSTO-CKS, they seem on point with their stocks.
Bullish crossover in MACD and Stochastic oscillator. Technical 83% chance bullish at foxchart.
Why the overnight pop and surge in volume?
SEOUL (Reuters) - South Korea's LG Display Co Ltd <034220.KS> said on Wednesday it will invest 1.99 trillion won ($1.75 billion) to build a new small- to medium-sized organic light-emitting diode (OLED) display production line in South Korea.
LG Display, in a regulatory filing, said the new production line seeks to address growing demand for flexible OLED displays.
Adoption of the next-generation technology in smartphones is expected to grow sharply in the years ahead amid reports that Apple Inc - LG Display's key customer - plans to start using the screens for its iPhones starting as early as 2017.
(Reporting by Se Young Lee)
LPL is 28% of the large display panel market. LPL market share based on revenue is 28% for display panels 9" or larger. Will its future growth come from these larger panels? Or is it necessary to become a bigger presence in the smartphone / wearables market?