Ultimate Products Plc (LON:ULTP – Get Free Report) insider Chris Dent sold 4,875 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of GBX 54, for a total value of £2,632.50.
Ultimate Products Stock Up 1.6%
Shares of LON ULTP opened at GBX 53.66 on Thursday. The firm has a market cap of £44.77 million, a PE ratio of 11.92 and a beta of 0.60. Ultimate Products Plc has a 12-month low of GBX 40.30 and a 12-month high of GBX 66.80. The company’s fifty day simple moving average is GBX 51.32 and its 200 day simple moving average is GBX 48.80.
Analyst Upgrades and Downgrades
ULTP has been the subject of several research reports. Canaccord Genuity Group reduced their target price on Ultimate Products from GBX 80 to GBX 75 and set a “buy” rating for the company in a research note on Wednesday, August 19th. Shore Capital Group reiterated a “house stock” rating on shares of Ultimate Products in a report on Wednesday, August 19th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 75.
Ultimate Products Company Profile
Ultimate Products is the owner of leading homeware brands including Salter and Beldray. According to its market research, nearly 80% of UK households own at least one of the Group’s products.
The Group sells to over 300 retailers in over 30 countries – spanning discounters, supermarkets and general retailers, and ranging from large national and international multi-channel retailers to smaller retail chains. Its products are also available on salter.com and beldray.com, as well as major third-party online marketplaces.
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