ULBI - Ultralife Corporation Looks to Continue to Trade Above its Annual-High Share Price Today
Ultralife Corporation (NASDAQ:ULBI) traded today at a new 52-week high of $9.34. Approximately 4.5 million shares have changed hands today, as compared to an average 30-day volume of 59,000 shares.
Ultralife Corporation (NASDAQ:ULBI) is currently priced 0.1% above its average consensus analyst price target of $9.18.
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.
In the past 52 weeks, shares of Ultralife Corporation have traded between a low of $5.10 and a high of $9.34 and is now at $9.19, which is 80% above that low price.
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