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LG.Display Company Ltd. (LPL): Today's Featured Technology Loser

By TheStreet Wire 11/03/11 - 05:01 PM EDT

Find out if (LPL) is in Cramer's Portfolio.

LG.Display Company (LPL) pushed the Technology sector lower today making it today's featured Technology loser. The sector as a whole closed the day up 1.9%. By the end of trading, LG.Display Company fell 50 cents (-4.9%) to $9.76 on average volume. Throughout the day, 1.5 million shares of LG.Display Company exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in price between $9.55-$9.85 after having opened the day at $9.83 as compared to the previous trading day's close of $10.26. Other company's within the Technology sector that declined today were: Cbeyond Communications Inc (CBEY), down 18.9%, Kingtone Wirelessinfo Solution (KONE), down 16.6%, Clearwire (CLWR), down 14.2%, and ICG Group Inc (ICGE), down 14%.

LG Display Co., Ltd. engages in the manufacture and supply of thin film transistor liquid crystal displays (TFT-LCD) to original equipment manufacturers and multinational corporations primarily in Asia, the United States, and Europe. LG.Display Company has a market cap of $7.2 billion and is part of the electronics industry. The company has a P/E ratio of 7.2, below the S&P 500 P/E ratio of 17.7. Shares are down 42.2% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates LG.Display as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

You can view the full LG.Display Ratings Report.

On the positive front, Helios & Matheson Information Technology In (HMNYD), up 38.6%, RF Monolithics (RFMI), up 27.1%, Daystar Technologies Inc (DSTI), up 18%, and Atlantic Tele-Network Inc (ATNI), up 16%, were all gainers within the technology sector with Oracle Corporation (ORCL) being today's featured technology sector winner.

Use our technology section to find sector-relevant news.
Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR (XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology (REW).

Find other investment ideas from our top rated ETFs lists.

For more information on LG.Display Company Ltd. click any of the following:

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