Shares of Universal Display Corporation (OLED) Sees Large Inflow of Net Money Flow

Universal Display Corporation (OLED): $1.72 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.3. The value of trades done on upticks was $7.5 million, whereas, trades done on downticks were valued at $5.77 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $1.84 million worth stocks on upticks, which is a bullish indication. The money flow in block trades was $1.84 million. Universal Display Corporation (OLED) fell $0.26 traded at $58.49, a change of -0.44% over the previous day. The stock is -0.56% for the week.

Universal

Universal Display Corp. has lost 4.18% in the last five trading days and dropped 1.91% in the last 4 weeks. Universal Display Corp. has dropped 11.63% during the last 3-month period . Year-to-Date the stock performance stands at 7.44%.

Universal Display Corporation (OLED) : Zacks Investment Research ranks Universal Display Corporation (OLED) as 5, which is a Strong Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.6, which indicates as a Hold.

Universal Display Corporation (NASDAQ:OLED): stock was range-bound between the intraday low of $57.64 and the intraday high of $59.63 after having opened at $58.86 on Wednesdays session. The stock finally closed in the red at $58.86, a loss of -0.44%. The stock remained in the red for the whole trading day. The total traded volume was 487,500 shares. The stock failed to cross $59.63 in Wednesdays trading. The stocks closing price on Thursday was $58.75.

Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED), technologies and materials for use in displays for wearables, smartphones, tablets and televisions, as well as solid-state lighting applications. The Companys flat panel displays are used for a variety of portable consumer electronics products, such as cell phones, portable media devices, digital cameras, tablets and laptop computers. The Company also supplies its OLED materials to manufacturers of OLED displays and lighting products for evaluation and for use in product development and for pre-commercial activities and it provides technical assistance and support to these manufacturers. Its customers include LG Display, Tohoku Pioneer and Konica Minolta, among others.

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