The stock was last quoted at $42.51, down 7%, on volume of nearly 400,000, according to Nasdaq.com. The shares are up nearly 11% overall in the past year, reflecting a 22%-plus surge to start the year. At current levels, Universal Panel's forward price-to-earnings multiple is a lofty 55.7X. "Strong demand for both our proprietary materials and technology sustained the momentum in our business, led to another quarter of top and bottom line growth, and lifted the company to its first ever full year profit," said Sidney Rosenblatt, the company's chief financial officer, in a statement. "Results continue to reflect increased penetration of our OLED materials and technology into the commercial display market, as well as growth in research and development efforts from a broad cross-section of manufacturers developing new applications for our OLED materials and technology." The sell side was fairly bullish ahead of the report with 8 of the 14 analysts covering Universal Panel at strong buy (4) or buy (4), and the 12-month median price target sitting at $59, implying potential upside of 29% from current levels. Check out TheStreet's quote page for Universal Panel for year-to-date share performance, analyst ratings, earnings estimates and much more.