Ultra Petroleum (UPL) has earnings per share of $1.67 and a P/E ratio of 33.16.   What’s the stock price? (Round your answer to 2 decimal places.)

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
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Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 4P: Reno Revolvere has an EPS of $1.50, a cash flow per share of $3.00, and a price/cash flow ratio of...
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Ultra Petroleum (UPL) has earnings per share of $1.67 and a P/E ratio of 33.16.

 

What’s the stock price? (Round your answer to 2 decimal places.)

 

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