Ultralife Batteries, Inc. touched a 52-week high on NASDAQ. The stock opened at 19.44 and touched a high of $21.51. Ultralife Batteries, Inc. announced on 26, December that the company received another order worth $40 million from a U.S. defense contractor. The company had earlier received orders worth $62 million from the same contractor to supply advanced communications systems.

The stock has offered decent returns to investors. The 50 days average price of Ultralife stands at $13.99.

The stock is looking attractive in Electrical Components & Equipment  sector as the results for next quarter will be better than analyst expectations. The company holds a market capital of 325.8 Million. The stock touched a low of $7.98 on March 14, 2007.

Mr. Kavazanjian, Ultralife CEO said, "As we move through the year, we would expect to have greater visibility on our full year estimate and plan to provide detailed guidance for the first quarter of 2008 on the fourth quarter 2007 earnings conference call."

About Ultralife Batteries, Inc.
Ultralife's headquarters, principal manufacturing and research facilities, and its McDowell Research operating unit are in Newark, New York, near Rochester. Ultralife's other operating units are: Ultralife Batteries (UK) Ltd., in Abingdon, England; Innovative Solutions Consulting in Hollywood, Maryland; Stationary Power Services in Clearwater, Florida; and ABLE New Energy in Shenzhen, China.