Teck Resources Limited (TECK) Reaches $29.92 52-Week High; Ultralife (ULBI) Has 1.33 Sentiment

February 15, 2018 - By Richard Conner

Ultralife Corporation designs, manufactures, installs, and maintains power and communications systems for government, defense, and commercial sectors worldwide. The company has market cap of $116.23 million. The firm operates through two divisions, Battery & Energy Products and Communications Systems. It has a 15.47 P/E ratio. The Battery & Energy Products segment provides lithium 9-volt batteries, cylindrical batteries, thin lithium manganese dioxide batteries, lithium ion cells and rechargeable batteries, multi-kilowatt module lithium ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables.

The stock of Teck Resources Limited (NYSE:TECK) hit a new 52-week high and has $31.72 target or 6.00% above today’s $29.92 share price. The 8 months bullish chart indicates low risk for the $16.88 billion company. The 1-year high was reported on Feb, 15 by Barchart.com. If the $31.72 price target is reached, the company will be worth $1.01 billion more. The stock decreased 1.55% or $0.47 during the last trading session, reaching $29.92. About 2.30 million shares traded. Teck Resources Limited (NYSE:TECK) has risen 92.88% since February 15, 2017 and is uptrending. It has outperformed by 76.18% the S&P500.

Essex Investment Management Co Llc holds 0.1% of its portfolio in Ultralife Corporation for 112,328 shares. Global X Management Co Llc owns 286,186 shares or 0.05% of their US portfolio. Moreover, Shikiar Asset Management Inc has 0.05% invested in the company for 18,000 shares. The New York-based Spark Investment Management Llc has invested 0.03% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 237,000 shares.

Since January 1, 0001, it had 1 buy, and 0 insider sales for $22,022 activity.

The stock decreased 1.00% or $0.07 during the last trading session, reaching $7.43. About 30,375 shares traded or 16.44% up from the average. Ultralife Corporation (ULBI) has risen 59.57% since February 15, 2017 and is uptrending. It has outperformed by 42.87% the S&P500.

Analysts await Teck Resources Limited (NYSE:TECK) to report earnings on February, 21. They expect $0.86 EPS, down 28.93% or $0.35 from last year’s $1.21 per share. TECK’s profit will be $485.19 million for 8.70 P/E if the $0.86 EPS becomes a reality. After $0.86 actual EPS reported by Teck Resources Limited for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: