Ultra Electronics (LON:ULE) Stock Price Passes Above Two Hundred Day Moving Average of $3,460.59

Shares of Ultra Electronics Holdings plc (LON:ULE – Get Rating) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,460.59 ($42.84) and traded as high as GBX 3,500 ($43.33). Ultra Electronics shares last traded at GBX 3,500 ($43.33), with a volume of 1,110,150 shares.

Ultra Electronics Price Performance

The stock has a fifty day moving average of GBX 3,500 and a 200-day moving average of GBX 3,460.59. The firm 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.

Ultra Electronics Company Profile

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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.