Ultimate Products (LON:ULTP) Reaches New 52-Week Low – What’s Next?

Ultimate Products Plc (LON:ULTP)’s stock price hit a new 52-week low 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. The stock had previously closed at GBX 102.50 ($1.28).

Ultimate Products Stock Performance

The stock’s 50-day moving average is GBX 114.25 and its 200 day moving average is GBX 130.38. The stock has a market capitalization of £89.84 million, a PE ratio of 750.00 and a beta of 1.39.

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

Ultimate Products Increases Dividend

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