Ultra Electronics Holdings plc (LON:ULE – Get Rating) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,410.72 ($40.33) and traded as high as GBX 3,500 ($41.39). Ultra Electronics shares last traded at GBX 3,500 ($41.39), with a volume of 1,110,150 shares changing hands.
Ultra Electronics Stock Performance
The company has a 50-day moving average price of GBX 3,500 and a two-hundred day moving average price of GBX 3,410.72. The stock has a market capitalization of £2.51 billion and a P/E ratio of 3,723.40. The company has a quick ratio of 1.29, a current ratio of 1.76 and a debt-to-equity ratio of 33.94.
About Ultra Electronics
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.
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