A Director at Ultralife Corp (ULBI) is Buying Shares


Today, a Director at Ultralife Corp (NASDAQ: ULBI), Thomas Louis Saeli, bought shares of ULBI for $20.35K.

Following this transaction Thomas Louis Saeli’s holding in the company was increased by 3.91% to a total of $552.3K. Following Thomas Louis Saeli’s last ULBI Buy transaction on May 25, 2017, the stock climbed by 3.4%.

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Based on Ultralife Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $23.07 million and quarterly net profit of $2.15 million. In comparison, last year the company earned revenue of $22.04 million and had a net profit of $1.66 million. ULBI’s market cap is $150M and the company has a P/E ratio of 18.53. Currently, Ultralife Corp has an average volume of 28.39K.

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Ultralife Corp. engages in energy and battery business. It provides a range of power products and solutions to communications and electronic systems in the field of government, defense and commercial sector.

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