Treatt plc (LON:TET – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 450.28 ($5.71) and traded as low as GBX 410 ($5.20). Treatt shares last traded at GBX 410 ($5.20), with a volume of 242,712 shares traded.
Analyst Ratings Changes
Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 650 ($8.24) target price on shares of Treatt in a research note on Friday, December 6th.
Check Out Our Latest Research Report on Treatt
Treatt Stock Down 0.5 %
Treatt (LON:TET – Get Free Report) last posted its earnings results on Wednesday, December 4th. The company reported GBX 24.47 ($0.31) EPS for the quarter. Treatt had a net margin of 7.88% and a return on equity of 8.09%. Research analysts forecast that Treatt plc will post 27.0420792 earnings per share for the current fiscal year.
Treatt Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 6th will be given a dividend of GBX 5.81 ($0.07) per share. This represents a yield of 1.26%. The ex-dividend date of this dividend is Thursday, February 6th. This is a boost from Treatt’s previous dividend of $2.60. Treatt’s dividend payout ratio is 43.23%.
Treatt Company Profile
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.
Further Reading
- Five stocks we like better than Treatt
- How to Calculate Retirement Income: MarketBeat’s Calculator
- These Consumer Staples Shine Amid Market Turmoil
- What Do S&P 500 Stocks Tell Investors About the Market?
- Regeneron: Is It the Perfect Biotech Stock for Value and Growth?
- How to Calculate Inflation Rate
- Axon: Long-Term Outlook Is Strong Despite Federal Budget Worries
Receive News & Ratings for Treatt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Treatt and related companies with MarketBeat.com's FREE daily email newsletter.