Universal Display Corporation (OLED) stock is higher by 5.38% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With OLED Stock Today?
Universal Display Corporation (OLED) stock is down -0.04% while the S&P 500 has risen 0.03% as of 1:00 PM on Wednesday, Oct 14. OLED has fallen -$0.09 from the previous closing price of $201.53 on volume of 171,810 shares. Over the past year the S&P 500 is higher by 18.44% while OLED has risen 19.15%. OLED earned $2.16 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 93.13.
To see InvestorsObserver's Sentiment Score for Universal Display Corporation click here.
More About Universal Display Corporation
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, Taiwan, the United States, and other countries across the world.
Click Here to get the full Stock Score Report on Universal Display Corporation (OLED) Stock.
