Shares of Treatt plc (LON:TET - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 455.71 ($5.58) and traded as low as GBX 443.50 ($5.43). Treatt shares last traded at GBX 450 ($5.51), with a volume of 38,835 shares.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 650 ($7.95) price objective on shares of Treatt in a report on Friday, December 6th.
View Our Latest Stock Analysis on TET
Treatt Trading Down 1.1 %
The stock has a market capitalization of £270.20 million, a P/E ratio of 2,472.22 and a beta of 1.02. The stock's fifty day moving average price is GBX 455.85 and its two-hundred day moving average price is GBX 455.63. The company has a current ratio of 2.83, a quick ratio of 0.87 and a debt-to-equity ratio of 8.82.
Treatt Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 6th will be paid a GBX 5.81 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This is an increase from Treatt's previous dividend of $2.60. This represents a yield of 1.26%. Treatt's payout ratio is currently 4,444.44%.
About Treatt
(
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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.
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