Treatt (LON:TET) Hits New 12-Month Low – Here’s What Happened

Treatt plc (LON:TET) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 339.50 ($4.37) and last traded at GBX 342.50 ($4.41), with a volume of 258840 shares traded. The stock had previously closed at GBX 345 ($4.44).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 650 ($8.37) price objective on shares of Treatt in a report on Friday, December 6th.

Treatt Trading Down 1.5 %

The business’s 50 day simple moving average is GBX 405.03 and its 200 day simple moving average is GBX 438.86. The company has a debt-to-equity ratio of 1.78, a current ratio of 4.06 and a quick ratio of 0.87. The company has a market capitalization of £202.55 million, a price-to-earnings ratio of 18.10 and a beta of 1.02.

Treatt Increases Dividend

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