Favorable Press Coverage Somewhat Unlikely to Impact Ultratech (UTEK) Share Price

Media coverage about Ultratech (NASDAQ:UTEK) has been trending positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ultratech earned a daily sentiment score of 0.29 on Accern’s scale. Accern also gave press coverage about the semiconductor company an impact score of 43.8596692752938 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Ultratech (UTEK) opened at $30.23 on Wednesday. The firm has a market cap of $823.53, a price-to-earnings ratio of 53.04 and a beta of 0.46. Ultratech has a 1-year low of $20.56 and a 1-year high of $30.94.

TRADEMARK VIOLATION WARNING: This story was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this story on another site, it was stolen and reposted in violation of United States and international trademark & copyright law. The original version of this story can be viewed at https://www.chaffeybreeze.com/2018/01/03/favorable-press-coverage-somewhat-unlikely-to-impact-ultratech-utek-share-price.html.

About Ultratech

Ultratech, Inc (Ultratech) develops, manufactures and markets photolithography, laser thermal processing and inspection equipment. The Company operates through the manufacture and distribution of capital equipment to manufacturers of integrated circuits and nanotechnology components segment. The Company serves manufacturers of semiconductor devices, including packaging processes and various nanotechnology components such as laser diodes, high-brightness light emitting diodes (HBLEDs) and micro-electro-mechanical systems (MEMS), as well as atomic layer deposition systems (ALD) for customers located throughout the world.

Insider Buying and Selling by Quarter for Ultratech (NASDAQ:UTEK)

Receive News & Ratings for Ultratech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultratech and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply