The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Ultralife Corp’s current trading price is -9.62% away from its 52-week high, while its distance from the 52-week low is 173.21%. The stock’s price range for this period has been between $3.92 and $11.85 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 0.51 million for the day, a number notably higher than the average daily volume of 59430.0 over the last three months.
Ultralife Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $11.85 on 10/17/23 and a low of $3.92 for the same time frame on 05/09/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Ultralife Corp (ULBI) has experienced a quarterly rise of 45.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 176.18M and boasts a workforce of 536 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.11, with a change in price of +3.22. Similarly, Ultralife Corp recorded 63,545 in trading volume during the last 100 days, posting a change of +42.99%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ULBI stands at 0.23. Similarly, the long-term debt-to-equity ratio is also 0.21.
ULBI Stock Stochastic Average
Ultralife Corp’s raw stochastic average for the past 50 days is presently 98.81%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 98.29%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 42.68% and 23.52%, respectively.
ULBI Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 57.04%. However, over the past six months, we’ve seen a weaker performance of 9.62%. The price of ULBI fallen by 20.34% over the last 30 days. And in the last five days, it has surged by 21.57%.
