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

Treatt plc (LON:TET) reached a new 52-week low on Wednesday . The stock traded as low as GBX 363 ($4.72) and last traded at GBX 365 ($4.75), with a volume of 112155 shares traded. The stock had previously closed at GBX 375 ($4.88).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 650 ($8.45) target price on shares of Treatt in a research report on Friday, December 6th.

Treatt Price Performance

The company has a 50 day simple moving average of GBX 415.62 and a 200 day simple moving average of GBX 443.20. 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 company has a market capitalization of £220.68 million, a price-to-earnings ratio of 19.72 and a beta of 1.02.

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 given a GBX 5.81 ($0.08) dividend. This is an increase from Treatt’s previous dividend of $2.60. The ex-dividend date was Thursday, February 6th. This represents a yield of 1.26%. 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.