Ultimate Products (LON:ULTP) Reaches New 12-Month Low – Here’s Why

Shares of Ultimate Products Plc (LON:ULTPGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as GBX 43 and last traded at GBX 43.78, with a volume of 220675 shares traded. The stock had previously closed at GBX 45.60.

Ultimate Products Stock Up 5.1%

The firm has a 50 day moving average of GBX 52.69 and a 200 day moving average of GBX 57.96. The firm has a market cap of £37.72 million, a price-to-earnings ratio of 6.75 and a beta of 0.56.

Insider Transactions at Ultimate Products

In related news, insider Chris Dent acquired 16,677 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was purchased at an average cost of GBX 53 per share, with a total value of £8,838.81. Company insiders own 43.27% of the company’s stock.

Ultimate Products Company Profile

(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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