ULS Technology PLC (LON:ULS) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 52.27 ($0.68) and last traded at GBX 53.50 ($0.70), with a volume of 35451 shares trading hands. The stock had previously closed at GBX 53 ($0.69).
Separately, Numis Securities reissued a “buy” rating on shares of ULS Technology in a research report on Thursday, June 13th.
The firm has a 50-day moving average of GBX 64.85 and a 200 day moving average of GBX 68.77. 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 stock has a market capitalization of $34.71 million and a price-to-earnings ratio of 11.15.
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.
See Also: Recession
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