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
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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 |
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