Universal Display (OLED) Receiving Somewhat Favorable News Coverage, Study Finds
News coverage about Universal Display (NASDAQ:OLED) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Universal Display earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 45.3151716762486 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Tech Today: Western Dig LBO? Snap Slapped, More iPhone X Worries (finance.yahoo.com)
- Universal Display Upgraded To Buy Ahead Of Earnings (finance.yahoo.com)
- Universal Display (OLED) Given a $225.00 Price Target at Cowen (americanbankingnews.com)
- Universal Display (OLED) Stock Rating Upgraded by Needham & Company LLC (americanbankingnews.com)
- Needham & Company Upgrades Universal Display (OLED) to Buy – StreetInsider.com (streetinsider.com)
Shares of Universal Display (OLED) traded up $6.15 during mid-day trading on Tuesday, reaching $161.10. The company’s stock had a trading volume of 1,815,679 shares, compared to its average volume of 1,740,000. Universal Display has a 12 month low of $66.65 and a 12 month high of $209.00. The firm has a market capitalization of $7,580.00, a P/E ratio of 77.08 and a beta of 0.90.
In other Universal Display news, Chairman Sherwin I. Seligsohn sold 50,000 shares of Universal Display stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of $200.00, for a total value of $10,000,000.00. Following the completion of the transaction, the chairman now directly owns 143,119 shares in the company, valued at $28,623,800. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 5.20% of the company’s stock.
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Universal Display Company Profile
Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED), technologies and materials for use in display and solid-state lighting applications. 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 also provides technical assistance and support to these manufacturers.
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