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Zacks Investment Research upgraded Universal Display Corporation (NASDAQ:OLED) to Hold in a report released today.

Yesterday Universal Display Corporation (NASDAQ:OLED) traded -0.08% lower at $52.37. The company’s 50-day moving average is $58.22 and its 200-day moving average is $61.60. The last closing price is down -14.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 676,026 shares of the stock were exchanged, down from an average trading volume of 773,189

Zacks Investment Research has upgraded Universal Display Corporation (NASDAQ:OLED) to Hold in a report released on 10/06/2016.

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Universal Display Corporation (NASDAQ:OLED)

Universal Display Corporation has a 52 week low of $33.06 and a 52 week high of $74.39 with a price-earnings ratio of 51.30 OLED’s total market value is presently $0.

A total of 5 equity analysts have released a research note on OLED. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $61.80.

Brief Synopsis About Universal Display Corporation (NASDAQ:OLED)

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 Company's flat panel displays are used for various portable consumer electronics products, such as mobile phones, wearables, portable media devices, digital cameras, tablets and notebook computers. It 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 also provides technical assistance and support to these manufacturers. It has produced and sold phosphorescent emitter materials that produce red, yellow, green and light-blue light, which are combined in various ways for the flat panel display and the lighting market. It has also developed host materials for the emissive layer.

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