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

Treatt plc (LON:TET)’s stock price reached a new 52-week low on Tuesday . The company 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 Analysts Forecast Growth

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

Treatt Trading Down 1.5 %

The firm has a market cap of £202.55 million, a price-to-earnings ratio of 18.10 and a beta of 1.02. The business has a fifty day moving average of GBX 405.03 and a two-hundred day moving average of GBX 438.86. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.87 and a current ratio of 4.06.

Treatt Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 13th. Shareholders of record on Thursday, February 6th were given a dividend of GBX 5.81 ($0.07) per share. The ex-dividend date was Thursday, February 6th. This represents a yield of 1.26%. This is a boost from Treatt’s previous dividend of $2.60. Treatt’s payout ratio is presently 43.23%.

Treatt Company Profile

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.