Universal Display Corporation (OLED) Shares are Down -5.63%

Universal Display Corporation (OLED) : During the past 4 weeks, traders have been relatively bearish on Universal Display Corporation (OLED), hence the stock is down -2.82% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.78% relative to the S&P 500. The 4-week change in the price of the stock is -3.34% and the stock has fallen -5.63% in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.8% and the 50-Day Moving Average is 10.64%.The 200 Day SMA reached 3.84%


Universal Display Corporation (NASDAQ:OLED): After opening at $55.25, the stock dipped to an intraday low of $50.63 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $56.02 and the buying power remained strong till the end. The stock closed at $55.51 for the day, a gain of 0.45% for the day session. The total traded volume was 2,291,117. The stocks close on the previous trading day was $55.51.

Universal Display Corporation (OLED) : Currently there are 3 street experts covering Universal Display Corporation (OLED) stock. The most bullish and bearish price target for the stock is $75 and $51 respectively for the short term. The average price target of all the analysts comes to $65. The estimated standard deviation from the target is $12.49.

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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