Shares of Ultimate Products Plc (LON:ULTP - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 110.53 ($1.41) and last traded at GBX 111.82 ($1.43), with a volume of 118234 shares changing hands. The stock had previously closed at GBX 113 ($1.44).
Analysts Set New Price Targets
A number of research firms recently commented on ULTP. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 182 ($2.32) price objective on shares of Ultimate Products in a report on Tuesday, September 3rd. Shore Capital reaffirmed a "house stock" rating on shares of Ultimate Products in a research note on Tuesday, September 3rd.
Read Our Latest Stock Report on Ultimate Products
Ultimate Products Stock Down 1.0 %
The business has a 50-day simple moving average of GBX 131.77 and a 200-day simple moving average of GBX 138.46. The company has a market cap of £95.67 million, a PE ratio of 798.73 and a beta of 1.39.
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 paid a dividend of GBX 4.93 ($0.06) per share. This represents a dividend yield of 3.47%. This is a positive change from Ultimate Products's previous dividend of $2.45. The ex-dividend date of this dividend is Thursday, January 2nd. Ultimate Products's payout ratio is 5,000.00%.
About Ultimate Products
(
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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.
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