22-Apr-2024
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Universal Display Corporation Receives 2024 Outstanding Strategic Partner Award from BOE
Business Wire (Wed, 17-Apr 4:15 PM ET)
Universal Display Corporation Announces First Quarter 2024 Conference Call
Business Wire (Mon, 15-Apr 4:15 PM ET)
Universal Display Corporation's Dr. Julie Brown to Receive Prestigious USC Viterbi Engineering Award
Business Wire (Thu, 11-Apr 4:15 PM ET)
Universal Display Corporation to Deliver Keynote Address and Sponsor ICDT 2024
Business Wire (Thu, 28-Mar 4:15 PM ET)
Business Wire (Wed, 27-Mar 4:15 PM ET)
Universal Display Corporation Announces the Appointment of New Board Members
Business Wire (Thu, 7-Mar 4:05 PM ET)
Universal Display Corporation Announces Participation at Upcoming Conferences
Business Wire (Tue, 27-Feb 4:15 PM ET)
Universal Display Corporation Increases Quarterly Cash Dividend to $0.40 per Share
Business Wire (Thu, 22-Feb 4:06 PM ET)
Universal Display Corporation Announces Fourth Quarter and Full Year 2023 Financial Results
Business Wire (Thu, 22-Feb 4:05 PM ET)
Universal Display Corporation Announces Fourth Quarter and Fiscal Year 2023 Conference Call
Business Wire (Mon, 5-Feb 4:15 PM ET)
Universal Display Corp researches, develops, and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.
Universal Display trades on the NASDAQ stock market under the symbol OLED.
As of April 22, 2024, OLED stock price climbed to $152.22 with 175,452 million shares trading.
OLED has a beta of 1.22, meaning it tends to be more sensitive to market movements. OLED has a correlation of 0.21 to the broad based SPY ETF.
OLED has a market cap of $7.20 billion. This is considered a Mid Cap stock.
Last quarter Universal Display reported $158 million in Revenue and $1.29 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.15.
In the last 3 years, OLED stock traded as high as $239.94 and as low as $89.41.
The top ETF exchange traded funds that OLED belongs to (by Net Assets): VTI, IJH, VB, VXF, VBK.
OLED has underperformed the market in the last year with a price return of +8.4% while the SPY ETF gained +22.9%. OLED has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.1% and -7.3%, respectively, while the SPY returned +3.7% and -3.7%, respectively.
OLED support price is $147.29 and resistance is $152.33 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OLED stock will trade within this expected range on the day.