Ultralife Corporation (NASDAQ:ULBI)’s Stock Is Buy After Less Market Selling

March 14, 2018 - By Nellie Frank

 Ultralife Corporation (NASDAQ:ULBI)'s Stock Is Buy After Less Market Selling

Investors sentiment decreased to 1.33 in Q3 2017. Its down 1.17, from 2.5 in 2017Q2. It is negative, as 3 investors sold Ultralife Corporation shares while 9 reduced holdings. 6 funds opened positions while 10 raised stakes. 4.05 million shares or 7.14% more from 3.78 million shares in 2017Q2 were reported.
Wealthcare Capital Ltd Limited Liability Company has 200 shares. Spark Inv Limited Liability Co reported 76,100 shares stake. 116,727 are held by Blackrock. Northern holds 0% or 27,173 shares in its portfolio. Geode Capital Management Limited Liability Company reported 0% in Ultralife Corporation (NASDAQ:ULBI). Tower Rech Capital Lc (Trc) has 0% invested in Ultralife Corporation (NASDAQ:ULBI). Jpmorgan Chase And accumulated 428 shares. National Bank Of New York Mellon Corp reported 13,379 shares. Virtu Fincl Limited Co stated it has 0% in Ultralife Corporation (NASDAQ:ULBI). Royal Bank & Trust Of Canada stated it has 9 shares. New York-based X Lc has invested 0.05% in Ultralife Corporation (NASDAQ:ULBI). Vanguard Gru owns 290,103 shares. Numeric Invsts Limited Liability Co reported 43,814 shares. 11,686 are owned by Morgan Stanley. Dimensional Fund L P accumulated 0% or 925,975 shares.

Since December 15, 2017, it had 1 insider buy, and 0 insider sales for $22,022 activity.

The stock of Ultralife Corporation (NASDAQ:ULBI) registered a decrease of 16.98% in short interest. ULBI’s total short interest was 26,900 shares in March as published by FINRA. Its down 16.98% from 32,400 shares, reported previously. With 31,200 shares average volume, it will take short sellers 1 days to cover their ULBI’s short positions. The short interest to Ultralife Corporation’s float is 0.31%.

The stock decreased 0.56% or $0.05 during the last trading session, reaching $8.95. About 63,972 shares traded or 107.03% up from the average. Ultralife Corporation (NASDAQ:ULBI) has risen 59.57% since March 14, 2017 and is uptrending. It has outperformed by 42.87% the S&P500.

Ultralife Corporation designs, manufactures, installs, and maintains power and communications systems for government, defense, and commercial sectors worldwide. The company has market cap of $140.10 million. The firm operates through two divisions, Battery & Energy Products and Communications Systems. It has a 18.65 P/E ratio. The Battery & Energy Products segment provides lithium 9-volt batteries, cylindrical batteries, thin lithium manganese dioxide batteries, lithium ion cells and rechargeable batteries, 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.

More important recent Ultralife Corporation (NASDAQ:ULBI) news were published by: Marketwatch.com which released: “Ultralife Corp.” on March 17, 2017, also Nasdaq.com published article titled: “Ultralife Corporation Q4 Income Climbs”, Seekingalpha.com published: “Ultralife Corporation: Buy Ahead Of The Next Acquisition” on June 05, 2017. More interesting news about Ultralife Corporation (NASDAQ:ULBI) was released by: Quotes.Wsj.com and their article: “Ultralife Corp. ULBI (US: Nasdaq)” with publication date: February 11, 2011.

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