LINE Corp (NYSE:LN) New Coverage by JPMorgan
Equities researchers at JPMorgan has initiated coverage on shares of LINE Corp (NYSE:LN) in a note issued on Wednesday, 24 August, Octafinance.com reports. The firm set Neutral rating on LN stock.
Despite the new coverage NYSE:LN is right now trading 0.00% lower at $44.79 as of 04:31 New York time. LINE Corp shares have risen 46.05% over the past 200 days, while the Standard & Poor’s 500 index has added 4.14% for the same time.
NYSE:LN Price Chart & Trend
Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models
LINE Corp (NYSE:LN) Profile
LINE Corporation is a Japan-based company mainly engaged in the operation of LINE business portal business. Its LINE business portal segment includes communication and content service and advertising service. Communication and content service provides communication, contents and other services, such as LINE Pay, LINE FRIENDS and LINE Mobile.
LINE Corp (NYSE:LN) closed at $44.79 yesterday. A total of 6,113 shares of the company’s stock traded hands. This is down from average of 2.84 million shares. LINE Corp has a 52 week low of $36.01 and a 52 week high of $48.1. The company has a market cap of $9.53 billion and a P/E ratio of 0.
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