Universal Display Corp. (OLED) latest performance of -3.10% is not what was on cards

As on Wednesday, Universal Display Corp. (NASDAQ: OLED) started slowly as it slid -3.10% to $224.07, before settling in for the price of $231.23 at the close. Taking a more long-term approach, OLED posted a 52-week range of $133.67-$237.00.

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The Technology sector firm’s twelve-monthly sales growth has been 20.71% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 27.89%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.43%. This publicly-traded company’s shares outstanding now amounts to $47.37 million, simultaneously with a float of $43.64 million. The organization now has a market capitalization sitting at $10.63 billion. At the time of writing, stock’s 50-day Moving Average stood at $200.09, while the 200-day Moving Average is $176.34.

Universal Display Corp. (OLED) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Electronic Components industry. Universal Display Corp.’s current insider ownership accounts for 8.01%, in contrast to 77.16% institutional ownership. According to the most recent insider trade that took place on May 08 ’24, this organization’s EVP & Chief Technical Officer sold 10,358 shares at the rate of 175.00, making the entire transaction reach 1,812,650 in total value, affecting insider ownership by 56,624. Preceding that transaction, on May 07 ’24, Company’s SVP & CLO sold 8,202 for 176.82, making the whole transaction’s value amount to 1,450,247. This particular insider is now the holder of 28,743 in total.

Universal Display Corp. (OLED) Earnings and Revenue Records

Universal Display Corp.’s EPS increase for this current 12-month fiscal period is 14.43% and is forecasted to reach 5.68 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.90% through the next 5 years, which can be compared against the 27.89% growth it accomplished over the previous five years trading on the market.

Universal Display Corp. (NASDAQ: OLED) Trading Performance Indicators

Let’s observe the current performance indicators for Universal Display Corp. (OLED). It’s Quick Ratio in the last reported quarter now stands at 7.88. The Stock has managed to achieve an average true range (ATR) of 6.22. Alongside those numbers, its PE Ratio stands at $48.73, and its Beta score is 1.43. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 17.39. Similarly, its price to free cash flow for trailing twelve months is now 87.55.

In the same vein, OLED’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.60, a figure that is expected to reach 1.14 in the next quarter, and analysts are predicting that it will be 5.68 at the market close of one year from today.

Technical Analysis of Universal Display Corp. (OLED)

Through scrutinizing the latest numbers posted by the [Universal Display Corp., OLED], it can be observed that its last 5-days Average volume of 0.44 million was better the volume of 0.31 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 45.54% While, its Average True Range was 6.75.

Raw Stochastic average of Universal Display Corp. (OLED) in the period of the previous 100 days is set at 85.35%, which indicates a major rise in contrast to 37.57% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 35.57% that was higher than 30.62% volatility it exhibited in the past 100-days period.