Ultimate Products (LON:ULTP) Hits New 52-Week Low – Should You Sell?

Ultimate Products Plc (LON:ULTP) reached a new 52-week low during mid-day 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 traded. The stock had previously closed at GBX 112.50 ($1.39).

Ultimate Products Trading Up 0.5 %

The stock’s 50-day moving average price is GBX 119.90 and its two-hundred day moving average price is GBX 133.64. The stock has a market capitalization of £90.69 million, a P/E ratio of 757.14 and a beta of 1.39.

Ultimate Products Increases Dividend

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