Ultimate Products (LON:ULTP) Hits New 1-Year Low – Should You Sell?

Ultimate Products Plc (LON:ULTP)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as GBX 108 ($1.34) and last traded at GBX 108.50 ($1.35), with a volume of 128113 shares. The stock had previously closed at GBX 112.50 ($1.40).

Ultimate Products Stock Down 3.6 %

The company has a market cap of £92.83 million, a P/E ratio of 775.00 and a beta of 1.39. The firm’s 50 day moving average is GBX 121.97 and its two-hundred day moving average is GBX 134.24.

Ultimate Products Increases Dividend

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

About Ultimate Products

Ultimate Products Plc, together with its subsidiaries, supplies branded homeware products in the United Kingdom, Germany, Rest of Europe, and internationally. The company offers a range of durable household products, including vacuum cleaners, food prep, storage solutions, and airers, as well as fans, heaters, and electric fires under the Beldray Brand; cookware, kitchen electrical, and scale products under the Salter brand; audio products under the Intempo brand; non-electrical kitchen and laundry products under the Russell Hobbs brand; and travel luggage and accessories under constellation and ZFrame brands.