Ultra Electronics (LON:ULE) released its quarterly earnings results on Wednesday. The company reported GBX 52.50 ($0.69) EPS for the quarter, beating analysts’ consensus estimates of GBX 50 ($0.65) by GBX 2.50 ($0.03), Digital Look Earnings reports.
Ultra Electronics stock traded up GBX 212 ($2.77) during mid-day trading on Wednesday, hitting GBX 2,068 ($27.02). The company’s stock had a trading volume of 345,814 shares, compared to its average volume of 529,114. The company has a current ratio of 1.02, a quick ratio of 0.72 and a debt-to-equity ratio of 60.30. The stock has a market cap of $1.44 billion and a PE ratio of 47.43. The business has a 50 day moving average of GBX 1,754.36. Ultra Electronics has a 12 month low of GBX 1,200 ($15.68) and a 12 month high of GBX 2,008 ($26.24).
The business also recently announced a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 29th will be given a GBX 15 ($0.20) dividend. The ex-dividend date is Thursday, August 29th. This represents a yield of 0.77%. Ultra Electronics’s dividend payout ratio (DPR) is presently 1.19%.
About Ultra Electronics
Ultra Electronics Holdings plc, an electrical and electronics engineering company, provides various solutions and products in the defense and aerospace, security, transport, and energy markets. The company operates in three segments: Aerospace & Infrastructure, Communications & Security, and Maritime & Land.
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