Ultimate Products (LON:ULTP) Sets New 1-Year Low – Here’s Why

Ultimate Products Plc (LON:ULTP) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 102 ($1.27) and last traded at GBX 105 ($1.31), with a volume of 46753 shares traded. The stock had previously closed at GBX 102.50 ($1.28).

Ultimate Products Trading Up 2.4 %

The firm has a market capitalization of £89.84 million, a PE ratio of 750.00 and a beta of 1.39. The business has a 50 day moving average price of GBX 114.25 and a 200-day moving average price of GBX 130.38.

Ultimate Products (LON:ULTP) last issued its quarterly earnings data on Tuesday, October 29th. The company reported GBX 12.20 ($0.15) EPS for the quarter. Ultimate Products had a net margin of 7.62% and a return on equity of 26.67%. On average, equities research analysts forecast that Ultimate Products Plc will post 14.53125 earnings per share for the current year.

Ultimate Products Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be issued a dividend of GBX 4.93 ($0.06) per share. The ex-dividend date is Thursday, January 2nd. This is an increase from Ultimate Products’s previous dividend of $2.45. This represents a dividend yield of 3.47%. Ultimate Products’s payout ratio is 5,000.00%.

Ultimate Products Company Profile

Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK’s oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group’s products.

Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling.