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

Shares of Treatt plc (LON:TET) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 312.16 ($4.03) and last traded at GBX 316.50 ($4.08), with a volume of 158164 shares traded. The stock had previously closed at GBX 331 ($4.27).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 650 ($8.38) target price on shares of Treatt in a research note on Friday, December 6th.

Treatt Stock Down 2.0 %

The firm has a market capitalization of £190.15 million, a PE ratio of 16.99 and a beta of 1.02. The stock has a 50-day simple moving average of GBX 390.38 and a 200-day simple moving average of GBX 433.35. The company has a quick ratio of 0.87, a current ratio of 4.06 and a debt-to-equity ratio of 1.78.

Treatt Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 13th. Investors of record on Thursday, February 6th were issued a GBX 5.81 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, February 6th. This represents a yield of 1.26%. This is a positive change from Treatt’s previous dividend of $2.60. 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.