Institutional Investors Sentiment Indicator of Ultralife Corp (NASDAQ:ULBI) Increases in 2018 Q2

November 10, 2018 - By Darrin Black

Ultralife Corporation (NASDAQ:ULBI) Logo

Sentiment for Ultralife Corp (NASDAQ:ULBI)

Ultralife Corp (NASDAQ:ULBI) institutional sentiment increased to 1.6 in Q2 2018. Its up 0.27, from 1.33 in 2018Q1. The ratio has increased, as 16 investment professionals started new and increased positions, while 10 sold and reduced holdings in Ultralife Corp. The investment professionals in our partner’s database now hold: 5.19 million shares, up from 4.83 million shares in 2018Q1. Also, the number of investment professionals holding Ultralife Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 7 Increased: 9 New Position: 7.

Ultralife Corporation designs, manufactures, installs, and maintains power and communications systems for government, defense, and commercial sectors worldwide. The company has market cap of $125.74 million. The firm operates through two divisions, Battery & Energy Products and Communications Systems. It has a 14.65 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.

The stock increased 2.34% or $0.18 during the last trading session, reaching $7.88. About 15,089 shares traded. Ultralife Corporation (NASDAQ:ULBI) has risen 30.30% since November 10, 2017 and is uptrending. It has outperformed by 14.68% the S&P500.

Thomson Horstmann & Bryant Inc holds 0.65% of its portfolio in Ultralife Corporation for 551,021 shares. Manatuck Hill Partners Llc owns 140,801 shares or 0.54% of their US portfolio. Moreover, Northpointe Capital Llc has 0.52% invested in the company for 412,133 shares. The Massachusetts-based Essex Investment Management Co Llc has invested 0.13% in the stock. Shikiar Asset Management Inc, a New York-based fund reported 26,000 shares.

More notable recent Ultralife Corporation (NASDAQ:ULBI) news were published by: Seekingalpha.com which released: “Ultralife Corp (ULBI) CEO Michael Popielec on Q3 2018 Results – Earnings Call Transcript” on November 03, 2018, also Benzinga.com with their article: “56 Stocks Moving In Thursday’s Mid-Day Session” published on November 01, 2018, Benzinga.com published: “26 Stocks Moving In Tuesday’s Pre-Market Session” on October 16, 2018. More interesting news about Ultralife Corporation (NASDAQ:ULBI) were released by: Globenewswire.com and their article: “Ultralife Corporation Awarded $8.3 Million Communications Systems Leader Radio Contract” published on October 15, 2018 as well as Nasdaq.com‘s news article titled: “Ultralife Receives $9.5 Million Communications Systems IDIQ Contract” with publication date: October 24, 2018.

Ultralife Corporation (NASDAQ:ULBI) Institutional Positions Chart

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