Ultralife (NASDAQ:ULBI) posted its quarterly earnings data on Thursday. The technology company reported $0.12 EPS for the quarter, Morningstar.com reports. Ultralife had a net margin of 6.61% and a return on equity of 7.83%. The business had revenue of $22.51 million during the quarter.
Ultralife (ULBI) traded up $0.20 during trading hours on Friday, hitting $7.10. 54,317 shares of the stock traded hands, compared to its average volume of 31,368. Ultralife has a 1-year low of $5.00 and a 1-year high of $7.90. The firm has a market capitalization of $103.14, a P/E ratio of 19.03 and a beta of -0.11.
Large investors have recently bought and sold shares of the company. Global X MANAGEMENT CO LLC lifted its position in Ultralife by 141.2% during the third quarter. Global X MANAGEMENT CO LLC now owns 286,186 shares of the technology company’s stock valued at $1,932,000 after purchasing an additional 167,553 shares during the period. Numeric Investors LLC acquired a new position in Ultralife during the second quarter valued at $357,000. Dimensional Fund Advisors LP lifted its position in Ultralife by 8.6% during the second quarter. Dimensional Fund Advisors LP now owns 861,900 shares of the technology company’s stock valued at $6,206,000 after purchasing an additional 68,550 shares during the period. Essex Investment Management Co. LLC lifted its position in Ultralife by 11.3% during the fourth quarter. Essex Investment Management Co. LLC now owns 124,967 shares of the technology company’s stock valued at $819,000 after purchasing an additional 12,639 shares during the period. Finally, Nationwide Fund Advisors lifted its position in Ultralife by 714.3% during the third quarter. Nationwide Fund Advisors now owns 27,474 shares of the technology company’s stock valued at $185,000 after purchasing an additional 24,100 shares during the period. Institutional investors and hedge funds own 26.16% of the company’s stock.
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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