Favorable Media Coverage Somewhat Unlikely to Affect Ultratech (UTEK) Stock Price
News headlines about Ultratech (NASDAQ:UTEK) have trended positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ultratech earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned media headlines about the semiconductor company an impact score of 44.486463847377 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Ultratech (NASDAQ:UTEK) remained flat at $$30.23 on Monday. The company’s stock had a trading volume of 300 shares, compared to its average volume of 276,363. Ultratech has a 52-week low of $20.56 and a 52-week high of $30.94.
Ultratech, Inc (Ultratech) develops, manufactures and markets photolithography, laser thermal processing and inspection equipment. The Company operates through the manufacture and distribution of capital equipment to manufacturers of integrated circuits and nanotechnology components segment. The Company serves manufacturers of semiconductor devices, including packaging processes and various nanotechnology components such as laser diodes, high-brightness light emitting diodes (HBLEDs) and micro-electro-mechanical systems (MEMS), as well as atomic layer deposition systems (ALD) for customers located throughout the world.
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