ULS Technology plc (LON:ULS) experienced a surge in trading activity on Friday, surpassing its 50-day moving average. The stock reached a high of GBX 73.80 ($0.92) and closed at GBX 73 ($0.91) with a volume of 131,621 shares traded, representing a 4.4% increase in trading for the company.
ULS Technology is a UK-based company that specializes in developing and hosting internet-based software applications for legal and property service businesses. They offer solutions that support online legal comparison services and provide risk management and compliance consultancy services to solicitors and licensed conveyancers. With a market capitalization of £47.36 million and a price-to-earnings ratio of 3.13, ULS Technology has shown strong financial stability with current and quick ratios of 6.84, indicating their ability to manage debt effectively while maintaining liquidity.
Investors can stay updated on the latest news and analysis of ULS Technology by signing up for their daily email newsletter from MarketBeat.com.