ULBI - Shares of Ultralife Corporation (ULBI) Exceed 52-Week High
Ultralife Corporation (NASDAQ:ULBI) traded at a new 52-week high today of $9.65. This new high was reached on above average trading volume as 4.5 million shares traded hands, while the average 30-day volume is approximately 59,000 shares.
Ultralife Corporation (NASDAQ:ULBI) defies analysts with a current price ($9.65) 4.9% above its average consensus price target of $9.18.
In the past 52 weeks, Ultralife Corporation share prices are bracketed by a low of $5.10 and a high of $9.65 and is now at $9.65, 89% above that low price.
Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company design, manufacture, install and maintain power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from Battery and Energy Products segment.
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