Treatt (LON:TET) Hits New 1-Year Low - What's Next?

Treatt plc (LON:TET - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 339.50 ($4.39) and last traded at GBX 342.50 ($4.43), with a volume of 258840 shares. The stock had previously closed at GBX 345 ($4.47).

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 650 ($8.41) price objective on shares of Treatt in a report on Friday, December 6th.

Treatt Stock Up 0.3 %

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 firm has a market cap of £202.55 million, a price-to-earnings ratio of 18.10 and a beta of 1.02. The firm's 50 day simple moving average is GBX 400.52 and its two-hundred day simple moving average is GBX 437.29.

Treatt Increases Dividend

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