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Treatt (LON:TET) Shares Pass Above 200 Day Moving Average - Here's Why

Treatt logo with Basic Materials background

Shares of Treatt plc (LON:TET - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 461.53 ($5.94) and traded as high as GBX 465 ($5.98). Treatt shares last traded at GBX 447.50 ($5.76), with a volume of 94,808 shares.

Treatt Trading Down 1.6 %

The business's 50-day simple moving average is GBX 457.62 and its two-hundred day simple moving average is GBX 461.26. The company has a current ratio of 2.83, a quick ratio of 0.87 and a debt-to-equity ratio of 8.82. The company has a market capitalization of £267.47 million, a PE ratio of 2,447.22 and a beta of 1.02.

About Treatt

(Get Free Report)

Treatt plc, together with its subsidiaries, manufactures and supplies various natural extracts and ingredients to the flavor, fragrance, beverage, and consumer product industries in the United Kingdom, Germany, Ireland, the United States, China, and internationally. The company offers flavor ingredients, such as citrus, coffee, tea, health and wellness, and fruits and vegetables extracts; Hics, aroma, and herb, spice, and floral ingredients.

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