Media headlines about Ultralife Corp. (NASDAQ:ULBI) have been trending somewhat positive on Saturday, according to AlphaOne. AlphaOne, a unit of Accern, ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ultralife Corp. earned a daily sentiment score of 0.17 on AlphaOne’s scale. AlphaOne also gave media stories about the technology company an impact score of 100 out of 100, indicating that recent press coverage is extremely likely to have an effect on the company’s share price in the immediate future.
Ultralife Corp. (NASDAQ:ULBI) opened at 6.00 on Friday. The company has a market capitalization of $92.94 million, a PE ratio of 18.87 and a beta of 0.20. The stock’s 50 day moving average price is $5.67 and its 200 day moving average price is $5.26. Ultralife Corp. has a 12-month low of $3.76 and a 12-month high of $6.65.
Ultralife Corp. (NASDAQ:ULBI) last posted its earnings results on Thursday, May 4th. The technology company reported $0.11 earnings per share for the quarter. Ultralife Corp. had a net margin of 4.26% and a return on equity of 5.72%. The firm had revenue of $22.04 million during the quarter. On average, equities analysts anticipate that Ultralife Corp. will post $0.06 EPS for the current fiscal year.
Separately, TheStreet raised Ultralife Corp. from a “c” rating to a “b-” rating in a report on Monday, March 6th.
In other news, Director Bradford T. Whitmore purchased 12,934 shares of the stock in a transaction dated Friday, February 24th. The stock was acquired at an average cost of $5.43 per share, for a total transaction of $70,231.62. Following the completion of the acquisition, the director now directly owns 382,968 shares in the company, valued at approximately $2,079,516.24. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 37.00% of the company’s stock.
Ultralife Corp. Company Profile
Ultralife Corporation offers products and services ranging from power solutions to communications and electronics systems. The Company designs and manufactures power and communications systems, including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom engineered systems.
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