News articles about Ultralife (NASDAQ:ULBI) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ultralife earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 48.1977240362687 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Separately, ValuEngine raised Ultralife from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd.
Ultralife remained flat at $$10.00 on Friday, according to Marketbeat. The company’s stock had a trading volume of 8,145 shares, compared to its average volume of 16,689. Ultralife has a 12-month low of $5.80 and a 12-month high of $10.95. The company has a market capitalization of $159.46 million, a PE ratio of 23.81 and a beta of -0.44.
Ultralife (NASDAQ:ULBI) last released its earnings results on Thursday, August 2nd. The technology company reported $0.10 earnings per share for the quarter. Ultralife had a return on equity of 8.45% and a net margin of 9.69%. The firm had revenue of $22.86 million during the quarter.
Ultralife Company Profile
Ultralife Corporation designs, manufactures, installs, and maintains power, and communication and electronic systems for government, defense, and commercial sectors 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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