Treatt (LON:TET) Share Price Passes Above 200 Day Moving Average of $452.02

Treatt plc (LON:TET) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 452.02 ($5.85) and traded as high as GBX 490.50 ($6.34). Treatt shares last traded at GBX 486.50 ($6.29), with a volume of 46,075 shares.

Treatt Trading Up 1.7 %

The company has a debt-to-equity ratio of 8.15, a current ratio of 2.96 and a quick ratio of 0.87. The company has a market cap of £295.40 million, a price-to-earnings ratio of 2,702.78 and a beta of 0.93. The business’s 50-day simple moving average is GBX 461.46 and its 200-day simple moving average is GBX 451.62.

Treatt Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, August 15th. Stockholders of record on Thursday, July 4th will be given a GBX 2.60 ($0.03) dividend. This represents a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, July 4th. 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.