Technical Commentary on Diversified Electronics Stocks -- Corning, Plug Power, TE Connectivity, Silicon Motion Technology, and LG Display

Jul 22, 2015, 09:12 ET from www.equityresearchinstitute.com

NEW YORK, July 22, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Corning Inc. (NYSE: GLW), Plug Power Inc. (NASDAQ: PLUG), TE Connectivity Ltd (NYSE: TEL), Silicon Motion Technology Corporation (NASDAQ: SIMO), and LG Display Company Ltd (NYSE: LPL). Free research report on Corning can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=GLW On Tuesday, July 21, 2015, the NASDAQ Composite ended at 5,208.12, down 0.21%, the Dow Jones Industrial Average declined 1.00%, to finish the day at 17,919.29, and the S&P 500 closed at 2,119.21, down 0.43%. The losses were broad based as seven out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.  

On Tuesday, shares in Corning Inc. recorded a trading volume of 12.24 million shares, higher than their three months average volume of 10.19 million shares. The stock ended the day 0.85% lower at $18.75. Shares of the company traded at a PE ratio of 10.53. Corning Inc.'s stock has lost 10.46% in the last one month, 16.60% in the previous three months and 17.36% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 8.48% and 12.81%, respectively. Furthermore, shares of Corning Inc. have a Relative Strength Index (RSI) of 29.27. Sign up and read the free notes on GLW at:

https://www.EquityResearchInstitute.com/reports?keyword=GLW

Plug Power Inc.'s stock gained 4.64%, to close Tuesday's session at $2.48. The stock recorded a trading volume of 4.02 million shares, above its three months average volume of 2.59 million shares. Over the last one month and the previous three months, Plug Power Inc.'s shares have lost 4.62% and 7.12%, respectively. Additionally, the stock has declined 17.33% since the start of this year. The company is trading 3.15% and 20.32% below its 50-day and 200-day moving averages, respectively. Furthermore, Plug Power Inc.'s stock has an RSI of 52.58. The complimentary notes on PLUG can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=PLUG

TE Connectivity Ltd's stock finished Tuesday's session 0.02% lower at $62.37. A total of 1.82 million shares were traded, which was above its three months average volume of 1.71 million shares. Over the last one month and the previous three months, TE Connectivity Ltd's shares have lost 9.50% and 10.91%, respectively. Additionally, the stock has declined 1.39% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 7.31% and 5.15%, respectively. TE Connectivity Ltd's stock traded at a PE ratio of 13.92 and has an RSI of 30.96. Register for free on Equity Research Institute and access the latest research on TEL at:

https://www.EquityResearchInstitute.com/reports?keyword=TEL

On Tuesday, shares in Silicon Motion Technology Corp. ended the session 0.16% higher at $30.41. The stock reported a trading volume of 0.25 million shares, below its three months average volume of 0.61 million shares. Shares of the company traded at a PE ratio of 18.66. Silicon Motion Technology Corp.'s shares have declined 14.89% in the last one month and 8.75% in the previous three months. However, the stock has surged 29.87% on YTD basis. The company is trading 8.56% above its 200-day moving average. Moreover, shares of Silicon Motion Technology Corp. have an RSI of 41.83. The complete research on SIMO is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=SIMO

LG Display Co. Ltd's stock gained 2.29%, to close the day at $10.26. The stock recorded a trading volume of 0.62 million shares, close to its three months average volume of 0.61 million shares. Over the last one month and over the past three months, LG Display Company Ltd's shares have declined 15.97% and 27.59%, respectively. Furthermore, the stock has lost 32.28% since the start of this year. The company's shares are trading 17.18% below their 50-day moving average and 29.34% below their 200-day moving average. Additionally, LG Display Co. Ltd traded at a PE ratio of 5.86 and has an RSI of 27.73. Free in-depth research on LPL is available at:

https://www.EquityResearchInstitute.com/reports?keyword=LPL

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