Stock Rating Upgrade
In the last week the Value Trend Rating for Universal Display Corporation (NASDAQ: OLED) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Universal Display Corporation (NASDAQ: OLED) stock closed at $228.27 on 7/29/24 after a slight decline of -0.05%. Moreover, above average trading volume at 124% of normal accompanied the decline. The stock has risen 4.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, OLED is expected to continue to be an important Value Builder.
Universal Display has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Universal Display has a poor Appreciation Score of 17 but a slightly positive Power Rating of 70, with the Low Neutral Value Trend Rating the result.
Be the first to comment