Treatt (LON:TET) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Treatt plc (LON:TET)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 455.71 ($5.54) and traded as low as GBX 443.50 ($5.40). Treatt shares last traded at GBX 450 ($5.48), with a volume of 38,835 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 650 ($7.91) price objective on shares of Treatt in a research note on Friday, December 6th.

Treatt Price Performance

The company has a quick ratio of 0.87, a current ratio of 2.83 and a debt-to-equity ratio of 8.82. The stock’s 50 day moving average price is GBX 455.83 and its two-hundred day moving average price is GBX 455.80. The stock has a market cap of £273.76 million, a price-to-earnings ratio of 2,504.72 and a beta of 1.02.

Treatt Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 6th will be paid a dividend of GBX 5.81 ($0.07) per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 1.26%. This is a positive change from Treatt’s previous dividend of $2.60. Treatt’s dividend payout ratio (DPR) is presently 4,444.44%.

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.