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

Treatt plc (LON:TET)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 312.16 ($4.05) and last traded at GBX 316.50 ($4.11), with a volume of 158164 shares traded. The stock had previously closed at GBX 331 ($4.30).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 650 ($8.44) price target on shares of Treatt in a research report on Friday, December 6th.

Treatt Trading Down 4.4 %

The stock’s fifty day moving average price is GBX 394.60 and its 200 day moving average price is GBX 435.06. The stock has a market cap of £191.36 million, a P/E ratio of 17.10 and a beta of 1.02. The company has a current ratio of 4.06, a quick ratio of 0.87 and a debt-to-equity ratio of 1.78.

Treatt Increases Dividend

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