Ultra Electronics (LON:ULE) Shares Up 0.2% – What’s Next?

Ultra Electronics Holdings plc (LON:ULE)’s share price traded up 0.2% during trading on Thursday . The company traded as high as GBX 3,500 ($44.18) and last traded at GBX 3,500 ($44.18). 1,110,150 shares changed hands during trading, an increase of 212% from the average session volume of 355,954 shares. The stock had previously closed at GBX 3,494 ($44.10).

Ultra Electronics Price Performance

The stock’s 50 day moving average is GBX 3,500 and its two-hundred day moving average is GBX 3,500. The stock has a market capitalization of £2.51 billion and a PE ratio of 3,723.40. The company has a debt-to-equity ratio of 33.94, a current ratio of 1.76 and a quick ratio of 1.29.

Ultra Electronics Company Profile

Ultra Electronics Holdings plc provides application-engineered bespoke solutions in the defense, security, critical detection, and control markets. The company operates through three segments: Maritime, Intelligence & Communications, and Critical Detection & Control. It offers sonobuoys and anti-submarine warfare systems; integrated hull and variable depth sonar systems for manned and unmanned platforms; torpedo defense systems; deployable underwater sensors; electronic warfare systems; and naval systems and sensors, such as acoustic and sonar systems, torpedo defense, and radar sensor solutions, as well as degaussing systems and power conversion solutions for naval applications.