Bullish Double Top Is Formed By Ultralife Corporation (ULBI) at $9.60

June 29, 2018 - By Jane Lemasters

Ultralife Corporation (NASDAQ:ULBI) Corporate Logo

Big Money Sentiment increased to 1.33 in Q1 2018. It has change of 0.18, from 2017Q4’s 1.15. The ratio improved due to Ultralife Corporation positioning: 2 sold and 10 reduced. 10 funds bought positions and 6 increased positions. Investors holded 4.26 million in 2017Q4 but now own 4.83 million shares or 13.41% more.
New York-based Global X Mgmt Lc has invested 0.07% in Ultralife Corporation (NASDAQ:ULBI). Blackrock holds 0% of its capital in Ultralife Corporation (NASDAQ:ULBI) for 30,168 shs. Thomson Horstmann And Bryant reported 396,767 shs. Wellington Mgmt Gru Ltd Liability Partnership reported 821,971 shs. 426,600 are owned by Franklin. Moreover, Saturna Cap Corporation has 0% invested in Ultralife Corporation (NASDAQ:ULBI). Barclays Public Ltd Co stated it has 0% in Ultralife Corporation (NASDAQ:ULBI). Essex Inv Mngmt Ltd Liability Com holds 116,127 shs or 0.15% of its capital. Deutsche Savings Bank Ag holds 0% of its capital in Ultralife Corporation (NASDAQ:ULBI) for 38,159 shs. Advsr Lc holds 0% or 580 shs. Wg Shaheen And Associate Dba Whitney And holds 300 shs or 0% of its capital. California Pub Employees Retirement System owns 31,400 shs for 0% of their capital. New York-based Spark Invest Mgmt Ltd Company has invested 0.01% in Ultralife Corporation (NASDAQ:ULBI). Brandywine Global Investment Mgmt Ltd Com holds 0% or 2,959 shs in its capital. Dimensional Fund Advsrs Ltd Partnership reported 0% stake.

Ultralife Corporation registered $20,350 net activity with 1 insider buy and 0 selling transactions since May 11, 2018.

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.Ultralife Corporation has volume of 2,728 shares. Since June 29, 2017 ULBI has risen 57.50% and is uptrending. The stock outperformed the S&P500 by 44.93%.

Ultralife Corporation (NASDAQ:ULBI) Institutional Investors Chart

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