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Universal Display (OLED) in Focus: Stock Moves 8.7% Higher

Zacks

Universal Display Corporation OLED was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $169.15 to $180.85 in the past one-month time frame.

The move came after the company’s products were launched at the CES platform by various consumer technology companies.

The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Universal Display currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Universal Display Corporation Price

Universal Display Corporation Price | Universal Display Corporation Quote


A better-ranked stock in the Electronics – Miscellaneous Components industry is IntriCon Corporation IIN, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is OLED going up? Or down? Predict to see what others think: Up or Down

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