Ultimate Products (LON:ULTP) Posts Earnings Results

Ultimate Products (LON:ULTP) released its earnings results on Tuesday. The company reported GBX 2.70 EPS for the quarter, Digital Look Earnings reports. Ultimate Products had a net margin of 3.87% and a return on equity of 12.14%.

Ultimate Products Stock Performance

LON ULTP opened at GBX 45.21 on Tuesday. Ultimate Products has a 1 year low of GBX 41.80 and a 1 year high of GBX 79. The business’s fifty day moving average is GBX 52.32 and its two-hundred day moving average is GBX 57.67. The stock has a market capitalization of £37.72 million, a P/E ratio of 6.75 and a beta of 0.56.

Insider Activity

In related news, insider Chris Dent bought 16,677 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were acquired at an average cost of GBX 53 per share, for a total transaction of £8,838.81. 43.27% of the stock is owned by insiders.

About Ultimate Products

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.