Universal Display Corp Up 5.4% After Reaching 52-Week High (PANL)

Shares of Universal Display Corporation PANL are trading up 5.4% at $37.64 per share during the Thursday afternoon trading session. The day's trading range for shares of Universal Display Corporation has been between $35.60 and $38.32 per share. Analysts covering Universal Display Corporation (PANL) stock give it a consensus price target of $31.00 per share. Trading volume for Universal Display Corporation has been higher than usual, with 469,000 shares having been traded today, above the daily average volume of 353,000 shares. Universal Display Corporation is a leader in developing and delivering state-of-the-art, organic light emitting device (OLED) technologies, materials and services to the display and lighting industries. The company currently owns or has exclusive, co-exclusive or sole license rights with respect to more than 1,000 issued and pending patents worldwide. Read more from Benzinga's Company news.