Treatt (LON:TET) Hits New 52-Week Low – Time to Sell?

Treatt plc (LON:TET) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 363 ($4.71) and last traded at GBX 365 ($4.73), with a volume of 112155 shares changing hands. The stock had previously closed at GBX 375 ($4.86).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 650 ($8.43) price target on shares of Treatt in a report on Friday, December 6th.

Treatt Stock Performance

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 of GBX 412.91 and a 200 day moving average of GBX 442.15. The stock has a market capitalization of £214.64 million, a P/E ratio of 19.18 and a beta of 1.02.

Treatt Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 13th. Stockholders of record on Thursday, February 6th were issued a dividend of GBX 5.81 ($0.08) per share. This represents a dividend yield of 1.26%. This is an increase from Treatt’s previous dividend of $2.60. The ex-dividend date was Thursday, February 6th. Treatt’s dividend payout ratio (DPR) is presently 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.