Final Products Trading (LON:ULTP) Down 1.1%

Shares of Ultimate Products Plc ( LON:ULTP – Get Your Free Report ) were down 1.1% during mid-day trading on Tuesday . The stock traded as high as GBX 139 ($1.86) and last traded at GBX 140.50 ($1.88). About 127,072 shares were traded during trading, up 19% from the average daily volume of 106,355 shares. The stock had previously closed at GBX 142 ($1.90).

Changes in Analyst Ratings

A number of research analysts recently weighed in on ULTP shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 182 ($2.44) price target on shares of Ultimate Products in a research report on Tuesday, September 3rd. Shore Capital reaffirmed a “hold stock” rating on shares of Ultimate Products in a research report on Tuesday, September 3rd.

Read our latest review of Ultimate products

Ultimate inventory down 1.1%

The stock has a market cap of £120.63 million, a price-to-earnings ratio of 1,003.57 and a beta of 1.39. The company’s 50-day simple moving average is GBX 141.62, and its 200-day simple moving average is GBX 147.

Insider buying and selling at Ultimate Products

In other news, insider Chris Dent purchased 1,780 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were purchased at an average price of GBX 140 ($1.87) per share, for a total transaction of GBX 2,492 ($3,336.90). In related news, insider Chris Dent purchased 1,780 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were bought at an average price of GBX 140 ($1.87) per share, for a total transaction of GBX 2,492 ($3,336.90). Also, insider Simon Showman sold 45,720 shares of the company’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of GBX 137 ($1.83), for a total transaction of GBX 62,636.40 ($83,873.06). Corporate insiders own 57.15% of the company’s shares.

About Ultimate Products

(Get a free report)

Ultimate Products Plc, together with its subsidiaries, supplies branded household products in the UK, Germany, Rest of Europe and internationally. The company offers a range of durable home products, including vacuum cleaners, food preparation, storage solutions and air vents, as well as electric fans, heaters and fireplaces under the Beldray brand; cookware, kitchen appliances and scales under the Salter brand; audio products under the Intempo brand; non-electric kitchen and laundry products under the Russell Hobbs brand; and travel luggage and accessories under the constellation and ZFrame brands.

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