Ultralife Co. (NASDAQ:ULBI)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.02 and traded as high as $7.97. Ultralife shares last traded at $7.85, with a volume of 70,734 shares trading hands.
A number of analysts recently issued reports on the company. Benchmark assumed coverage on Ultralife in a report on Thursday, April 1st. They issued a “buy” rating and a $12.00 price target for the company. TheStreet upgraded Ultralife from a “c+” rating to a “b-” rating in a report on Thursday, April 22nd.
The company has a market cap of $126.22 million, a P/E ratio of 26.30 and a beta of 1.57. The company has a quick ratio of 1.87, a current ratio of 3.58 and a debt-to-equity ratio of 0.02. The business’s 50 day moving average is $8.13 and its 200 day moving average is $7.03.
Ultralife Company Profile (NASDAQ:ULBI)
Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company serves government, defense, and commercial sectors. The company operates in two segments, Battery & Energy Products and Communications Systems.
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