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Uptrend Call Working As Ultratech Inc Stock Rises 28.9% (UTEK)

By James Quinn

SmarTrend identified an Uptrend for Ultratech Inc (:UTEK) on December 14th, 2016 at $23.46. In approximately 23 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 the current low of $0.00 and are currently at $0.00 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-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