Treatt (LON:TET) Reaches New 12-Month Low – Should You Sell?

Treatt plc (LON:TET) shares reached a new 52-week low on Thursday . The stock traded as low as GBX 312.16 ($4.03) and last traded at GBX 316.50 ($4.08), with a volume of 158164 shares. The stock had previously closed at GBX 331 ($4.27).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 650 ($8.38) price objective on shares of Treatt in a report on Friday, December 6th.

Treatt Trading Down 2.0 %

The stock has a market capitalization of £190.15 million, a PE ratio of 16.99 and a beta of 1.02. The company has a quick ratio of 0.87, a current ratio of 4.06 and a debt-to-equity ratio of 1.78. The firm has a 50 day moving average price of GBX 390.38 and a 200 day moving average price of GBX 433.35.

Treatt Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 6th were issued a dividend of GBX 5.81 ($0.07) per share. This represents a yield of 1.26%. This is an increase from Treatt’s previous dividend of $2.60. The ex-dividend date of this dividend was Thursday, February 6th. Treatt’s payout ratio is currently 43.23%.

About Treatt

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.