Treatt (LON:TET) Sets New 1-Year Low – Time to Sell?

Treatt plc (LON:TET) reached a new 52-week low on Tuesday . The stock traded as low as GBX 339.50 ($4.39) and last traded at GBX 342.50 ($4.43), with a volume of 258840 shares traded. The stock had previously closed at GBX 345 ($4.46).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 650 ($8.40) price target on shares of Treatt in a report on Friday, December 6th.

Treatt Stock Performance

The company has a market cap of £207.08 million, a PE ratio of 18.51 and a beta of 1.02. The stock’s 50 day simple moving average is GBX 409.17 and its two-hundred day simple moving average is GBX 440.29. The company has a quick ratio of 0.87, a current ratio of 4.06 and a debt-to-equity ratio of 1.78.

Treatt Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 6th were given a GBX 5.81 ($0.08) dividend. This is a positive change from Treatt’s previous dividend of $2.60. This represents a dividend yield of 1.26%. The ex-dividend date of this dividend was Thursday, February 6th. Treatt’s dividend payout ratio (DPR) is 43.23%.

Treatt Company Profile

We are a trusted ingredients manufacturer and solutions provider to the global flavour, fragrance and consumer goods markets from our bases in the UK, the US and China. We take pride in developing the ingredient solutions of the future and are supported by a global operational infrastructure that delivers results.