Ultralife (NASDAQ:ULBI – Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Tuesday, April 1st. Analysts expect the company to announce earnings of $0.15 per share and revenue of $40.00 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Ultralife Trading Up 1.1 %
Shares of NASDAQ:ULBI opened at $5.47 on Friday. Ultralife has a 12-month low of $5.28 and a 12-month high of $13.39. The business has a 50 day moving average of $6.72 and a 200-day moving average of $7.76. The company has a quick ratio of 1.62, a current ratio of 3.30 and a debt-to-equity ratio of 0.04. The stock has a market cap of $90.95 million, a PE ratio of 9.95 and a beta of 1.05.
Hedge Funds Weigh In On Ultralife
A hedge fund recently raised its stake in Ultralife stock. Bank of America Corp DE increased its holdings in Ultralife Co. (NASDAQ:ULBI – Free Report) by 30.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,067 shares of the technology company’s stock after buying an additional 2,836 shares during the period. Bank of America Corp DE owned 0.07% of Ultralife worth $90,000 as of its most recent filing with the Securities and Exchange Commission. 30.68% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on Ultralife
About Ultralife
Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium-ion cells, multi-kilowatt module lithium-ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables.
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