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

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

Analysts Set New Price Targets

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

Treatt Stock Performance

The stock has a market cap of £220.68 million, a P/E ratio of 19.72 and a beta of 1.02. 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 fifty day moving average of GBX 415.62 and a 200 day moving average of GBX 443.20.

Treatt Increases Dividend

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