ULS Technology (LON:ULS) Trading 2.4% Higher

ULS Technology PLC (LON:ULS)’s share price traded up 2.4% during trading on Wednesday . The stock traded as high as GBX 65.40 ($0.85) and last traded at GBX 65 ($0.85), 52,727 shares traded hands during mid-day trading. An increase of 9% from the average session volume of 48,376 shares. The stock had previously closed at GBX 63.50 ($0.83).

Separately, Numis Securities reiterated a “buy” rating on shares of ULS Technology in a research note on Thursday, June 13th.

The company has a debt-to-equity ratio of 44.23, a current ratio of 0.41 and a quick ratio of 0.38. The company’s 50 day simple moving average is GBX 68.88 and its 200 day simple moving average is GBX 69.32. The company has a market capitalization of $42.17 million and a PE ratio of 13.54.

The company also recently announced a dividend, which was paid on Friday, August 2nd. Shareholders of record on Thursday, July 4th were given a GBX 1.20 ($0.02) dividend. This represents a yield of 1.59%. The ex-dividend date of this dividend was Thursday, July 4th. ULS Technology’s payout ratio is currently 0.42%.

ULS Technology Company Profile (LON:ULS)

ULS Technology plc, through its subsidiaries, engages in the development and hosting of Internet based software applications for legal and property services businesses in the United Kingdom. It provides software solutions that support online legal comparison services. The company also provides risk management and compliance consultancy services for solicitors and licensed conveyancers.

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