Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Ultralife Corp shares valued at $10,868 were purchased by Manna Michael Edward on Nov 21 ’24. At $7.25 per share, Manna Michael Edward acquired 1,500 shares. The insider’s holdings grew to 19,874 shares worth approximately $85060.72 following the completion of this transaction.
Also, Robert W. Shaw purchased 2,500 shares, netting a total of over 19,775 in proceeds. Following the buying of shares at $7.91 each, the insider now holds 65,250 shares.
Before that, Goddard Janie had added 1,397 shares to its account. In a trade valued at $15,241, the Director bought Ultralife Corp shares for $10.91 each. Upon closing the transaction, the insider’s holdings increased to 1,397 shares, worth approximately $18750.68.
As published in their initiating research note from The Benchmark Company on March 26, 2021, Ultralife Corp [ULBI] has been a Buy and the price target has been revised to $12. Analysts at Ardour Capital downgraded the stock from ‘”a Hold”‘ to ‘”a Reduce”‘ outlook in a report released in early May. As of November 04, 2011, Ardour Capital has decreased its “Accumulate” rating to a “Hold” for ULBI. Earlier on May 06, 2011, Ardour Capital resumed its rating. Their recommendation was “a Hold” for ULBI stock.
Analyzing ULBI Stock Performance
During the last five days, there has been a drop of approximately -7.96%. Over the course of the year, Ultralife Corp shares have dropped approximately -42.55%. Shares of the company reached a 52-week high of $8.45 on 01/21/25 and a 52-week low of $4.14 on 04/16/25. A 50-day SMA is recorded $5.80, while a 200-day SMA reached $8.22.
Support And Resistance Levels for Ultralife Corp (ULBI)
According to the 24-hour chart, there is a support level at 4.21, which, if violated, would cause prices to drop to 4.13. In the upper region, resistance lies at 4.36. The next price resistance is at 4.43. RSI (Relative Strength Index) is 32.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.33, which suggests the price will decrease in the coming days. Percent R is at 89.63%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
