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

Ultimate Products Plc (LON:ULTP)’s share 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 ($1.30), with a volume of 46753 shares changing hands. The stock had previously closed at GBX 102.50 ($1.27).

Ultimate Products Trading Down 4.7 %

The company has a market cap of £86.42 million, a price-to-earnings ratio of 721.43 and a beta of 1.39. The stock has a 50-day simple moving average of GBX 113.56 and a 200-day simple moving average of GBX 129.99.

Ultimate Products (LON:ULTP) last released its earnings results 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%. As a group, research analysts expect that Ultimate Products Plc will post 14.53125 EPS for the current fiscal year.

Ultimate Products Increases Dividend

The business 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 represents a dividend yield of 3.47%. The ex-dividend date of this dividend is Thursday, January 2nd. This is a positive change from Ultimate Products’s previous dividend of $2.45. Ultimate Products’s dividend payout ratio (DPR) 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.