Shares of Line Corp (NYSE:LN) have been assigned an average rating of “Hold” from the six analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating on the company.
A number of equities analysts have recently weighed in on the stock. Credit Suisse Group raised shares of Line from an “underperform” rating to a “neutral” rating in a research report on Wednesday, September 11th. Jefferies Financial Group upgraded shares of Line from an “underperform” rating to a “hold” rating in a research report on Tuesday, November 26th. Finally, ValuEngine downgraded Line from a “buy” rating to a “hold” rating in a research note on Saturday, October 5th.
Shares of NYSE:LN opened at $47.30 on Tuesday. Line has a 52 week low of $27.04 and a 52 week high of $51.97. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.94 and a current ratio of 1.98. The company has a market capitalization of $11.36 billion, a PE ratio of -295.63 and a beta of 1.23. The company has a 50 day moving average price of $43.00 and a two-hundred day moving average price of $35.11.
LINE Corporation provides a platform for mobile messaging and communication services, content distribution, and life and financial services primarily in Japan, Taiwan, Thailand, and Indonesia. It operates through two segments, Core Business and Strategic Business. The company offers LINE, a cross-platform messenger application that enables users to communicate through free instant messaging, stickers, and voice and video calls, as well as serves as a smart portal to its other applications and services.
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