Treatt (LON:TET) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Treatt plc (LON:TETGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 457.52 ($5.97) and traded as high as GBX 475 ($6.20). Treatt shares last traded at GBX 468 ($6.11), with a volume of 91,830 shares traded.

Treatt Stock Performance

The firm has a market capitalization of £283.87 million, a price-to-earnings ratio of 2,600.00 and a beta of 1.02. The company has a debt-to-equity ratio of 8.82, a quick ratio of 0.87 and a current ratio of 2.83. The stock’s fifty day moving average is GBX 450.44 and its two-hundred day moving average is GBX 457.52.

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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