Ultimate Products’ (ULTP) House Stock Rating Reaffirmed at Shore Capital

Shore Capital restated their house stock rating on shares of Ultimate Products (LON:ULTPFree Report) in a research report released on Wednesday morning, MarketBeat.com reports.

Ultimate Products Price Performance

LON:ULTP opened at GBX 139.50 ($1.78) on Wednesday. The firm has a market capitalization of £120.12 million, a P/E ratio of 996.43 and a beta of 1.41. Ultimate Products has a 1-year low of GBX 118 ($1.51) and a 1-year high of GBX 185.50 ($2.37). The company’s fifty day moving average price is GBX 139.72 and its 200-day moving average price is GBX 147.94.

Insider Activity at Ultimate Products

In related news, insider Simon Showman sold 45,720 shares of the firm’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of GBX 137 ($1.75), for a total transaction of £62,636.40 ($79,974.97). In other news, insider Simon Showman sold 45,720 shares of Ultimate Products stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of GBX 137 ($1.75), for a total value of £62,636.40 ($79,974.97). Also, insider Chris Dent bought 1,780 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was bought at an average price of GBX 140 ($1.79) per share, for a total transaction of £2,492 ($3,181.82). 56.93% of the stock is owned by company insiders.

About Ultimate Products

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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.

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