U.S. Markets closed

Today’s Research Reports on Trending Tickers: Applied Optoelectronics and Universal Display

NEW YORK, NY / ACCESSWIRE / April 12, 2018 / U.S. markets fell sharply on Wednesday on growing geopolitical tensions. On Wednesday President Trump tweeted, "Russia vows to shoot down any and all missiles fired at Syria. Get ready Russia, because they will be coming, nice and new and 'smart!' You shouldn't be partners with a Gas Killing Animal who kills his people and enjoys it!" The Dow Jones Industrial Average declined 0.90 percent to close at 24,189.45, while the S&P 500 Index fell 0.55 percent to close at 2,642.19. The Nasdaq Composite Index declined 0.36 percent to close at 7,069.03.

"Volatility does not seem to be slowing down—in either direction—regardless of solid economic numbers," said Mike Loewengart, vice president of investment strategy at E*Trade, according to MarketWatch. "There are much bigger issues at stake—namely escalating tensions with Russia and China."

RDI Initiates Coverage on:

Applied Optoelectronics, Inc.
https://rdinvesting.com/news/?ticker=AAOI

Universal Display Corp.
https://rdinvesting.com/news/?ticker=OLED

Applied Optoelectronics' stock jumped 14.51% Wednesday, to close the day at $29.12. The stock recorded a trading volume of 3,329,573 shares, which was above its three months average volume of 1,404,418 shares. In the last year, Applied Optoelectronics' shares have traded in a range of 22.54 - 103.41. The share price has gained 29.19% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $26.96 is below its 200-day moving average of $37.98. Shares of the company are trading at a Price to Earnings ratio of 7.93. Shares of Applied Optoelectronics have gained roughly 1.46 percent in the past month and are down 23 percent year-to-date.

Access RDI's Applied Optoelectronics, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AAOI

On Wednesday, shares of Universal Display recorded a trading volume of 826,500 shares, which was below the three months average volume of 1,764,598 shares. The stock ended the day 0.69% lower at 100.15. The share price has gained 23.95% from its 52 week low with a 52 week trading range of 80.80 - 209.00. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $118.81 is below its 200-day moving average of $151.06. Shares of Universal Display are trading at a Price to Earnings ratio of 45.94. Shares of Universal Display have fallen roughly 24.16 percent in the past month and are down 41.99 percent year-to-date.

Access RDI's Universal Display Corp. Research Report at:
https://rdinvesting.com/news/?ticker=OLED

Our Actionable Research on Applied Optoelectronics, Inc. (NASDAQ:AAOI) and Universal Display Corp. (NASDAQ:OLED) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com