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

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

Analysts Set New Price Targets

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

Treatt Price Performance

The stock has a fifty day moving average of GBX 412.91 and a two-hundred day moving average of GBX 442.15. The company has a current ratio of 4.06, a quick ratio of 0.87 and a debt-to-equity ratio of 1.78. The stock has a market capitalization of £214.64 million, a price-to-earnings ratio of 19.18 and a beta of 1.02.

Treatt Increases Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Thursday, February 6th. This is a positive change from Treatt’s previous dividend of $2.60. This represents a dividend yield of 1.26%. Treatt’s dividend payout ratio (DPR) 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.