Ultra Electronics Holdings (ULE)

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 1,792.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,981.00
  • 52 Week Low: 1,665.00
  • Currency: UK Pounds
  • Shares Issued: 69.88m
  • Volume: 306
  • Market Cap: £1,252.27m
  • RiskGrade: 83
  • Beta: 0.88

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 1,792.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,981.00
52 Week Low 1,665.00
Volume 306
Shares Issued 69.88m
Market Cap £1,252.27m
Beta 0.88
RiskGrade 83

ULE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.94% below the market average70.94% below the market average70.94% below the market average70.94% below the market average70.94% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average
Price Trend
40.46% below the market average40.46% below the market average40.46% below the market average40.46% below the market average40.46% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average
Income
1.51% above the market average1.51% above the market average1.51% above the market average1.51% above the market average1.51% 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
84.57% below the market average84.57% below the market average84.57% below the market average84.57% below the market average84.57% below the market average
53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average53.85% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 7
Sell 0
Strong Sell 0
Total 10
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
  Final Interim
Ex-Div 09-Apr-14 28-Aug-13
Paid 02-May-14 27-Sep-13
Amount 29.50p 12.70p

Trades for 23-Jul-2014

Time Volume / Share Price
08:21 3 @ 1,792.00p
08:21 59 @ 1,792.00p
08:00 244 @ 1,803.00p

ULE Key Personnel

Chair Douglas Caster
CEO Rakesh Sharma
Finance Director Mary Waldner

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