Stock Mover of the Day: Ultralife Corp (NASDAQ:ULBI) Institutional Investor Positioning

November 16, 2016 - By Vivian Park   ·   0 Comments

Stock Mover of the Day: Ultralife Corp (NASDAQ:ULBI) Institutional Investor Positioning

Sentiment for Ultralife Corp (NASDAQ:ULBI)

Ultralife Corp (NASDAQ:ULBI) institutional sentiment increased to 0.93 in 2016 Q2. Its up 0.18, from 0.75 in 2016Q1. The ratio has improved, as 14 investment professionals increased or started new holdings, while 15 cut down and sold their equity positions in Ultralife Corp. The investment professionals in our partner’s database now hold: 3.33 million shares, down from 3.37 million shares in 2016Q1. Also, the number of investment professionals holding Ultralife Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 9 Increased: 9 New Position: 5.

Ultralife Corporation offers products and services ranging from power solutions to communications, and electronics systems. The company has a market cap of $65.51 million. The Firm creates and makes power and communications systems, including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems. It has a 28.85 P/E ratio. It operates through two divisions: Battery & Energy Products and Communications Systems.

The stock increased 1.18% or $0.05 on November 15, hitting $4.3. Ultralife Corp. (NASDAQ:ULBI) has declined 16.18% since April 14, 2016 and is downtrending. It has underperformed by 20.87% the S&P500.

According to Zacks Investment Research, “ULTRALIFE CORPORATION, which began as a battery company, now offers products and services ranging from portable and standby power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government, defense and commercial customers across the globe. Ultralife’s family of brands includes: Ultralife Batteries, Stationary Power Services, RPS Power Systems, ABLE, McDowell Research and RedBlack Communications. Ultralife’s operations are in North America, Europe and Asia. Ultralife was incorporated in 1990 and became a public company in 1992. Our shares trade on the NASDAQ under the symbol ULBI.”

Perritt Capital Management Inc holds 0.07% of its portfolio in Ultralife Corp. for 50,000 shares. Shikiar Asset Management Inc owns 24,600 shares or 0.05% of their US portfolio. Moreover, Teton Advisors Inc. has 0.05% invested in the company for 105,198 shares. The New York-based Global X Management Co Llc has invested 0.04% in the stock. Sg Capital Management Llc, a Illinois-based fund reported 33,918 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 4 buys, and 0 selling transactions for $598,398 net activity.

ULBI Company Profile

Ultralife Corporation, incorporated on December 14, 1990, offers services and products ranging from power solutions to communications, and electronics systems to clients across the globe in the government, defense and commercial sectors. The Firm creates and makes power and communications systems, including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems, and accessories and custom engineered systems. The Firm operates through two divisions: Battery & Energy Products and Communications Systems. The Battery & Energy Products segment includes lithium 9-volt, cylindrical and various other non-rechargeable batteries, in addition to rechargeable batteries, uninterruptable power supplies, charging systems and accessories, such as cables. The Communications Systems segment includes radio frequency (RF) amplifiers, power supplies, cable and connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, integrated communication systems for fixed or vehicle applications, and communications and electronics systems design.

Another recent and important Ultralife Corp. (NASDAQ:ULBI) news was published by Quotes.Wsj.com which published an article titled: “Ultralife Corp. ULBI (US: Nasdaq)” on February 11, 2011.

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By Vivian Park


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