On Friday, Universal Display Corp. (NASDAQ: OLED) was -18.99% drop from the session before settling in for the closing price of $212.67. A 52-week range for OLED has been $133.67 – $237.00.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 20.71%. When this article was written, the company’s average yearly earnings per share was at 14.48%. With a float of $43.75 million, this company’s outstanding shares have now reached $47.37 million.
Considering the fact that the conglomerate employs 456 people, you should pay attention to its efficiency factor.
Universal Display Corp. (OLED) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Universal Display Corp. stocks. The insider ownership of Universal Display Corp. is 7.80%, while institutional ownership is 77.10%. The most recent insider transaction that took place on May 08 ’24, was worth 1,812,650. In this transaction EVP & Chief Technical Officer of this company sold 10,358 shares at a rate of $175.00, taking the stock ownership to the 56,624 shares. Before that another transaction happened on May 07 ’24, when Company’s SVP & CLO sold 8,202 for $176.82, making the entire transaction worth $1,450,247. This insider now owns 28,743 shares in total.
Universal Display Corp. (OLED) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 14.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.90% during the next five years compared to 27.89% growth over the previous five years of trading.
Universal Display Corp. (NASDAQ: OLED) Trading Performance Indicators
You can see what Universal Display Corp. (OLED) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.12. Likewise, its price to free cash flow for the trailing twelve months is 43.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.66, a number that is poised to hit 1.18 in the next quarter and is forecasted to reach 5.70 in one year’s time.
Technical Analysis of Universal Display Corp. (OLED)
Compared to the last year’s volume of 0.32 million, its volume of 0.7 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.59%. Additionally, its Average True Range was 10.30.
During the past 100 days, Universal Display Corp.’s (OLED) raw stochastic average was set at 26.66%, which indicates a significant increase from 3.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.43% in the past 14 days, which was higher than the 47.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $205.71, while its 200-day Moving Average is $178.21. Nevertheless, the first resistance level for the watch stands at $184.94 in the near term. At $197.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $205.05. If the price goes on to break the first support level at $164.83, it is likely to go to the next support level at $157.38. Now, if the price goes above the second support level, the third support stands at $144.72.
Universal Display Corp. (NASDAQ: OLED) Key Stats
There are 47,439K outstanding shares of the company, which has a market capitalization of 8.17 billion. As of now, sales total 576,430 K while income totals 203,010 K. Its latest quarter income was 165,260 K while its last quarter net income were 56,850 K.
