• Return to Headlines

Shares of UTEK Up 28.9% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Ultratech Inc (NASDAQ:UTEK) on December 14th, 2016 at $23.46. In approximately 14 months, Ultratech Inc has returned 28.86% as of today's recent price of $30.23.

Over the past year, Ultratech Inc has traded in a range of $20.56 to $30.94 and is now at $30.23, 47% above that low. The 200-day and 50-day moving averages have moved 0.50% higher and 0.71% higher over the past week, respectively.

Ultratech, Inc. designs, manufactures, and markets photolithography equipment used worldwide in the fabrication of semiconductor and nanotechnology devices. The Company has expanded its technology scope in pioneering laser processing technology for IC manufacturing.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ultratech Inc shares.

Log in and add Ultratech Inc (UTEK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ultratech inc

Ticker(s): UTEK