Ultimate Products Plc (LON:ULTP - Get Free Report) shares traded down 1.7% during mid-day trading on Friday . The stock traded as low as GBX 69.40 ($0.93) and last traded at GBX 70.40 ($0.94). 460,949 shares traded hands during mid-day trading, an increase of 128% from the average session volume of 201,904 shares. The stock had previously closed at GBX 71.60 ($0.96).
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. Shore Capital reissued a "house stock" rating on shares of Ultimate Products in a research report on Friday, April 25th. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 130 ($1.74) target price on shares of Ultimate Products in a research report on Tuesday, March 25th.
Get Our Latest Stock Analysis on Ultimate Products
Ultimate Products Stock Up 1.4%
The company's fifty day moving average is GBX 67.63 and its 200 day moving average is GBX 92.18. The stock has a market cap of £61.95 million, a PE ratio of 5.99 and a beta of 1.39.
Ultimate Products (LON:ULTP - Get Free Report) last posted its quarterly earnings results on Tuesday, March 25th. The company reported GBX 4.30 ($0.06) EPS for the quarter. Ultimate Products had a net margin of 6.77% and a return on equity of 21.95%. Equities analysts expect that Ultimate Products Plc will post 14.53125 EPS for the current year.
Ultimate Products Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, May 29th will be issued a GBX 1.55 ($0.02) dividend. The ex-dividend date is Thursday, May 29th. This represents a yield of 2.16%. Ultimate Products's payout ratio is 57.44%.
About Ultimate Products
(
Get Free Report)
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.
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