Ultralife Corporation (ULBI) With $9.60 Price Forms Bullish Double Top

June 29, 2018 - By Joshua Cleveland

Ultralife Corporation (NASDAQ:ULBI) Corporate Logo

Big Money Sentiment increased to 1.33 in 2018 Q1. It has change of 0.18, from 2017Q4’s 1.15. The ratio is positive due to Ultralife Corporation positioning: 2 sold and 10 reduced. 10 funds took positions and 6 increased positions. Investors holded 4.26 million in 2017Q4 but now own 4.83 million shares or 13.41% more.
Bridgeway Capital Mngmt owns 237,000 shs. Deutsche Natl Bank Ag holds 38,159 shs. Essex Inv Mngmt Co Limited Liability Company reported 116,127 shs. Northern Corp reported 27,859 shs. Wealthcare Management Ltd has invested 0% in Ultralife Corporation (NASDAQ:ULBI). Geode Cap Mngmt Lc has invested 0% in Ultralife Corporation (NASDAQ:ULBI). 244,070 are owned by Northpointe Ltd Liability Corp. Prelude Management Limited Liability Corporation holds 5,107 shs. 130,801 were reported by Manatuck Hill Ptnrs Limited Com. California Public Employees Retirement reported 31,400 shs. Wg Shaheen Dba Whitney reported 300 shs. Moreover, Bluecrest Capital Management Limited has 0% invested in Ultralife Corporation (NASDAQ:ULBI) for 10,662 shs. Shikiar Asset Management holds 0.12% in Ultralife Corporation (NASDAQ:ULBI) or 26,000 shs. 580 were accumulated by Advsrs Ltd Liability Com. Spark Investment Management Ltd Liability invested 0.01% in Ultralife Corporation (NASDAQ:ULBI).

Ultralife Corporation had 0 sales and 1 buying transaction since May 11, 2018. This’s net activity of $20,350.

Ultralife Corporation (ULBI) chart has a double top chart setup with $10.27 target. That’s 7.00 % above today’s $9.60 stock price. The $152.88 million company points out low risk because of the 6 months chart setup. Finviz.com announced this chart setup on Jun, 29. At our $10.27 target, the company worth will be $10.70M more.

Ticker’s shares touched $9.6 during the last trading session after 1.59% change.Currently Ultralife Corporation is uptrending after 57.50% change in last June 29, 2017. ULBI has 2,728 shares volume. ULBI outperformed the S&P 500 by 44.93%.

Ultralife Corporation (NASDAQ:ULBI) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.