Ultimate Products (LON:ULTP) Trading Down 18.6% – Should You Sell?

Posted by Stacy Sanders on Feb 5th, 2025

Ultimate Products Plc (LON:ULTP – Get Free Report)’s share price fell 18.6% during mid-day trading on Monday . The company traded as low as GBX 72.12 ($0.90) and last traded at GBX 82.20 ($1.03). 783,401 shares were traded during trading, an increase of 362% from the average session volume of 169,440 shares. The stock had previously closed at GBX 101 ($1.26).

Ultimate Products Price Performance

The company has a market cap of £73.58 million, a price-to-earnings ratio of 614.29 and a beta of 1.39. The firm has a fifty day simple moving average of GBX 111.81 and a 200 day simple moving average of GBX 129.02.

Ultimate Products Increases Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 2nd were paid a GBX 4.93 ($0.06) dividend. The ex-dividend date was Thursday, January 2nd. This is a positive change from Ultimate Products’s previous dividend of $2.45. This represents a yield of 3.47%. Ultimate Products’s dividend payout ratio (DPR) is presently 5,000.00%.

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.