Treatt (LON:TET) Stock Passes Above Two Hundred Day Moving Average of $456.28

Treatt plc (LON:TET) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 456.28 ($5.81) and traded as high as GBX 473 ($6.02). Treatt shares last traded at GBX 454 ($5.78), with a volume of 121,209 shares traded.

Treatt Trading Down 1.8 %

The stock’s 50 day moving average is GBX 478.10 and its 200-day moving average is GBX 456.29. The company has a market cap of £275.67 million, a P/E ratio of 2,522.22 and a beta of 0.93. The company has a current ratio of 2.96, a quick ratio of 0.87 and a debt-to-equity ratio of 8.15.

Treatt Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, August 15th. Stockholders of record on Thursday, July 4th will be paid a GBX 2.60 ($0.03) dividend. The ex-dividend date is Thursday, July 4th. This represents a dividend yield of 0.55%. Treatt’s dividend payout ratio is presently 4,444.44%.

Treatt Company Profile

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.