Ultimate Products (LON:ULTP) Reaches New 1-Year Low – Time to Sell?

Shares of Ultimate Products Plc (LON:ULTP) reached a new 52-week low during trading on Monday . The company traded as low as GBX 108 ($1.33) and last traded at GBX 108.50 ($1.34), with a volume of 128113 shares trading hands. The stock had previously closed at GBX 112.50 ($1.39).

Ultimate Products Stock Performance

The company’s 50 day simple moving average is GBX 119.90 and its 200-day simple moving average is GBX 133.64. The firm has a market capitalization of £90.69 million, a PE ratio of 757.14 and a beta of 1.39.

Ultimate Products Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Investors of record on Thursday, January 2nd will be paid a dividend of GBX 4.93 ($0.06) per share. This is a positive change from Ultimate Products’s previous dividend of $2.45. The ex-dividend date is Thursday, January 2nd. This represents a yield of 3.47%. Ultimate Products’s dividend payout ratio (DPR) is currently 5,000.00%.

Ultimate Products Company Profile

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.