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NEW YORK ( TheStreet) -- LG Display Company (NYSE: LPL) hit a new 52-week low Friday as it is currently trading at $12.51, below its previous 52-week low of $12.89 with 261,607 shares traded as of 9:36 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. LG Display has a market cap of $9.6 billion and is part of the technology sector and electronics industry. Shares are down 26% year to date as of the close of trading on Thursday. 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. The company has a P/E ratio of 9.6, below the average electronics industry P/E ratio of 33.3 and below the S&P 500 P/E ratio of 17.7.