Ultra Electronics Holdings (ULE.L) 19-03-20
Will the Ultra Electronics Holdings (ULE.L) share price break beneath the 1525p support zone, or will we see a return to highs of 2264p (+51%)?
- Currently trading close to the key 1525p support at 1490p (at time of writing).
- The support has proven reliable until now. Will the price rebound again?
- As always, traders should be mindful of stop-loss placement.
- Will the shares bounce again to recent highs at 2264p? (+51%).
- Shares -35% from 12-month highs; +0% from 12 month lows.
Latest News
17 Mar: Simon Pryce, Chief Executive Officer, bought 4,100 shares within the firm on the 13th March 2020 at a price of 1832.60p. This Director currently has 21,953 shares.
13 Mar: Simon Pryce, Chief Executive Officer, bought 3,900 shares within the firm on the 12th March 2020 at a price of 1918.62p. This Director currently has 17,853 shares.
10 Mar: JP Morgan Cazenove has upgraded its rating on Ultra Electronics Holdings (ULE) up to overweight (from neutral) and increased the target price to 2450p (from 2400p).
10 Mar: Peel Hunt has upgraded its rating on Ultra Electronics Holdings (ULE) to buy (from buy).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires