Ultra Electronics Holdings (ULE)

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1,706.00p
   
  • Change Today:
      16.00p
  • 52 Week High: 1,971.00p
  • 52 Week Low: 1,665.00p
  • Currency: UK Pounds
  • Shares Issued: 69.92m
  • Volume: 196,216
  • Market Cap: 1,192.78m
  • RiskGrade: 94
  • Beta: 0.92

Ultra Electronics scores major contract win

Date: Thursday 02 Feb 2012

LONDON (ShareCast) - Ultra Electronics' USSI business has been awarded US Navy contracts for sonobuoys, the acoustic sensors which are used to detect the presence of submarines, worth just over $20m.

The win brings the total amount awarded to the high-tech defence firm since October to $29.2m.

Delivery of the sonobuoys will be made over a twelve month period beginning in the early part of this year.

Rakesh Sharma, Chief Executive of Ultra, said: "Ultra's focus on innovation coupled with its expertise in high quality manufacturing and on-time delivery has resulted in these further orders for sonobuoys."

"We are pleased that the US Navy continues to recognise the support it receives from USSI by awarding these contracts. Awards such as these help maintain the Group's order book and show the resilience that Ultra derives by fostering enduring customer relationships," he said.

The share price 0.51% to 1,573p to 08:12.

NR

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ULE Market Data

Currency UK Pounds
Share Price 1,706.00p
Change Today 16.00p
% Change 0.95 %
52 Week High 1,971.00p
52 Week Low 1,665.00p
Volume 196,216
Shares Issued 69.92m
Market Cap 1,192.78m
Beta 0.92
RiskGrade 94

ULE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.56% below the market average70.56% below the market average70.56% below the market average70.56% below the market average70.56% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Price Trend
16.28% below the market average16.28% below the market average16.28% below the market average16.28% below the market average16.28% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Income
8.21% above the market average8.21% above the market average8.21% above the market average8.21% above the market average8.21% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Growth
83.33% below the market average83.33% below the market average83.33% below the market average83.33% below the market average83.33% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 4
Sell 1
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ULE Dividends

  Latest Previous
  Interim Final
Ex-Div 27-Aug-14 09-Apr-14
Paid 26-Sep-14 02-May-14
Amount 13.20p 29.50p

Trades for 21-Nov-2014

Time Volume / Share Price
16:45 1,700 @ 1,706.00p
16:35 70,413 @ 1,706.00p
16:29 134 @ 1,710.00p
16:29 87 @ 1,710.00p
16:29 80 @ 1,712.00p

ULE Key Personnel

Chair Douglas Caster
CEO Rakesh Sharma
Finance Director Mary Waldner

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