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Ultratech Inc Up 28.9% Since SmarTrend Uptrend Call (UTEK)

By Shiri Gupta

SmarTrend identified an Uptrend for Ultratech Inc (:UTEK) on December 14th, 2016 at $23.46. In approximately 22 months, Ultratech Inc has returned 28.86% as of today's recent price of $30.23.

Ultratech Inc share prices have moved between a 52-week high of $30.94 and a 52-week low of $20.56 and are now trading 47% above that low price at $30.23 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

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 :utek ultratech inc

Ticker(s): UTEK