Ultralife Corporation Stock Surges 16.50% Amidst Volatility on October 2nd
On October 2nd, Ultralife Corporation's stock surged 16.50% despite market volatility, closing at $11.37 with a market cap of $183.63 million and a high P/E ratio of 72.53.
by Rajesh
Updated Oct 03, 2023
Article continues below advertisement
Ultralife Corporation's Stock Surges 16.50% on October 2nd
On October 2nd, Ultralife Corporation's stock experienced a day of trading marked by fluctuations. It opened at $10.09, and as the trading session progressed, its price varied, ultimately closing at $11.37. After-hours trading pushed the price slightly higher to $11.70, reflecting a 16.50% increase over the course of the day, equivalent to a change of $1.61.
Notably, Ultralife Corporation has exhibited resilience over the past year, with a 52-week price range spanning from a high of $11.47 to a low of $10.00, indicative of substantial price volatility. Investors appear willing to invest in Ultralife Corporation, as reflected in its relatively high price-to-earnings (P/E) ratio of 72.53, suggesting optimism about the company's future earnings potential.
With a market capitalization of approximately 183.63M USD, Ultralife Corporation firmly establishes its significance in the market. While the company did not offer a dividend yield at that time underscores its commitment to addressing environmental and sustainability issues, reflecting positively on its corporate responsibility.
|
Metric |
Value |
|
Current Price |
$11.37 |
|
Change Today |
$1.61 (16.50%) |
|
After Hours Price |
$11.70 |
|
Price Range Today |
|
|
Opening Price |
$10.09 |
|
Highest Price Today |
$11.47 |
|
Lowest Price Today |
$10.00 |
|
52-Week Performance |
|
|
52-Week High |
$11.47 |
|
52-Week Low |
$10.00 |
|
Market Capitalization |
183.63M USD |
|
P/E Ratio |
72.53 |
Related Articles
What is Overbought and Oversold?
138 days ago
Disclaimer : The above information is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.