Why did ULTA.CN stock spike in volume today?

The spike to **110,001** shares likely reflects liquidity-driven trading rather than new company disclosures. Ultra Brands Ltd. is a micro-cap with low average volume, so blocks or active traders can push large relative spikes.

What is Meyka AI's short-term ULTA.CN forecast?

Meyka AI's forecast model projects **C$0.03** for ULTA.CN stock in the short term, implying about **50.00%** upside from **C$0.02**. Forecasts are model-based projections and not guarantees.

Is ULTA.CN a buy after the volume spike?

Given weak fundamentals (EPS **-0.02**, current ratio **0.11**) and tiny market cap, Meyka AI assigns a **B (HOLD)** grade. Traders may exploit short-term moves; long-term investors should remain cautious and perform due diligence.

What are the main risks for Ultra Brands Ltd. shareholders?

Main risks include thin liquidity, negative earnings, negative book value per share, and tight working capital. Small-cap price swings can be large and sudden, increasing execution and holding risk for retail investors.

CA Stocks

Volume spike: ULTA.CN Ultra Brands (CNQ) C$0.02 13 Jan 2026, watch liquidity

ByHuzaifa Zahoor January 13, 2026January 13, 2026

ULTA.CN stock saw a 110,001-share volume spike during market hours on 13 Jan 2026, driving the price to C$0.02. This surge is 36.41 times average volume and signals a liquidity-driven move in the Canada (CNQ) session. For small-cap Ultra Brands Ltd., volume spikes often move price more than fundamentals.